One week after Pemex and the main players of the Mexican oil and gas industry exchanged knowledge, technologies and viewpoints on the challenges the NOC will be facing, the parastatal announced the discovery of gas and condensates at Ahawbil-1 well in the Catemaco folded belt. As if Pemex had planned all along to end the CMP (Mexican Petroleum Congress) week with a bang, the discovery marks yet another success by the Mexican oil company in deepwater; this one, of the geological kind, since its commercial success will take an additional 30 days to be confirmed.
Located 120km offshore of the port of Alvarado in Veracruz, the Ahawbil-1 well is part of the Catemaco folded belt in the southern Gulf of Mexico, which has proved gas presence in both its Piklis and Lakach wells: Ahawbil-1 was drilled at a location just 5km afar from Piklis-1 (that proved the existence of gas reserves in 2011) and 40km away from the controversial Lakach (which will be Pemex’s first production site for deepwater gas). The drilling task was performed by the Centenario drilling rig, property of Grupo R and currently leased to Pemex E&P for deepwater exploration operations.
Pemex E&P notified the regulator, CNH, the beginning of drilling operations for Ahawbil (which, according to some media, is a Mayan word for ‘prince’) since October 30th, 2012. The exploration and production arm for the company has, since then, employed 160 of its finest professionals on the task of confirming the high probabilities of natural gas in the area. The depth at which the well was drilled hit its maximum 5,700m on June 13th, when the discovery was made. Additional gas and condensate reserves are being sought in the Miocene and Oligocene plays, which is where Lakach’s gas was found.
If you want to know more about Pemex’s deepwater success for 2012, and the Lakach and Piklis discoveries, don’t forget to download the iPad version of our book, which will be available since next week free for a limited period of time.