Mexico’s National Hydrocarbons Commission has given Germany-headquartered DEA the go-ahead to proceed with plans aimed at boosting production for the mature Ogarrio Field, the company said March 7.
Among the efforts will be a pilot program that will test whether waterflooding could prove beneficial in increasing recovery. The company also said it will drill 10 new development wells within the first two years of the plan. This will come in addition to carrying out a workover campaign on existing wells.
“The teams in Mexico and Hamburg have already started to implement the work program,” Juan Manuel Delgado, country manager for DEA’s Mexican business, said in a news release. “We have a close cooperation with our partner Pemex. This is a project where we can apply our key competences and technical capabilities.”
Located in the Mexican state of Tabasco, the field spans some 156 sq km in the Southeastern Basins and was discovered more than 60 years ago with main reservoirs in Miocene- and Pliocene-aged rock, according to DEA. Gross production of the field was about 10,000 barrels of oil equivalent per day in 2018.
DEA was awarded its 50% interest in and operatorship of the field in 2017 during Round 2 as part of a joint venture with state-run Pemex. The company signed the license contract about a year ago. The field is DEA’s first operated asset in Mexico.
The find, made in the Sakakemang block in South Sumatra, would translate into more than 350 million barrels of oil equivalent.
The P-76 platform is located in the Búzios Field within the pre-salt region of the Santos Basin offshore Brazil and is the second platform Petrobras has entered into operation so far this year.
The well was drilled south of the main Pecan Field in the Deepwater Tano Cape Three Points Block.