Mexican state owned oil company Petróleos Mexicanos (Pemex) has applied to Mexico's Energy Ministry, SENER, for a joint venture for two shallow water fields in the Gulf of Mexico on 18 October, according to news reports.
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Image from Pemex. |
The joint venture will cover Pemex’s Ayin and Batsil fields, off Campeche, with an estimated proven, probable, and possible 3P resources of about 281 MMboe; and 46 MMboe in proven reserves, according to Reuters.
Pemex said that its second joint venture partner could be announced as soon as March 2017.
The company’s first-ever farmout deal was announced in June for its deepwater Trion field in the Gulf of Mexico, near the US border. Potential bidders include oil majors BP, Shell, Total, Chevron, ExxonMobil and Statoil, as well as Mexican state-oil firm Pemex, Eni, Repsol, and China Offshore Oil Corp. Partners for Trion are expected to be announced in December.
Last month, Pemex revealed six oil discoveries, along with its plans to drill some 16 offshore wells in 2017.
Of the discoveries, two were deepwater that consisted of super light crude deposits, and four light oil finds in the shallow waters of the Gulf of Mexico. The biggest find, the Nobilis-1 well, encountered more than 40° API, with the production capacity estimated to reach 15,000 b/d, ranging between 140-160 MMboe of 3P reserves.
Offshore exploration efforts for 2017 are expected to include 12 shallow water wells, in addition to four additional deepwater wells in the Perdido Fold Belt.
Read more:
Pemex reveals six discoveries off Mexico
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