On Oct. 9, Carlos Treviño, Director General of PEMEX, announced important activity updates in six Mexican shallow waters fields. The fields are: Xikin and Esah, which are about to enter into production phase; Kinbe and Koban which are being delimited; and Manik and Mulach, where seven exciting plays were discovered. To see PEMEX’s press release click here. To see the presentation videos of Xikin and Esah, and Manik and Mulach click on the corresponding names. For the press release live click here.
Fields discovered in 2015 that will soon transition into production, with total reserves amounting to 360 million boe.
|Field||Water Depth (m)||Wellbore Depth (m)||3P Reserves||Expected Production|
|Xikin||32||6,400-7,050||230 million boe||70,000 b/d of light oil and 91 million cf/d
|Esah||67||4,200-4,700||130 million boe||23,000 b/d and 9 million cf/d|
According to Treviño, Xikin is a field with great short-term potential to improve Mexican refining sector. “The fact that Xikin is close to existing production infrastructure makes it viable that by 2019 it will be producing light oil, which is the most demanded by refineries in Mexico,” he said. Treviño also mentioned that Esah is expected to start production by 1Q20. “Both fields will help combat the declining production of Mexican fields by providing 90,000b/d, approximately, to Mexico’s production by March 2020.”
Kinbe and Koban were discovered in 2011 and 2016, respectively, and are now in their delimitation process. Kinbe-1 produced over 5,000b/d during production tests.
|Well||Water Depth (m)||Wellbore Depth (m)||3P Reserves||Expected Production|
|Kinbe-1DEL||21||5,483||120 million boe||24,000b/d of light oil and 35 million cf/d|
|Koban-1DEL||11||6,400||205 million boe||46,000b/d and 219 million cf/d|
Finally, in Manik and Mulach a minimum of seven reservoirs were found, which total an expected 3P reserves of 180 million boe. Thanks to their proximity to existing production infrastructure, they are expected to have a strong contribution to PEMEX’s production goals in the coming years.
|Well||Water Depth (m)||Wellbore Depth (m)||Discovery||3P Reserves||Expected production|
|Manik-101A||90||4,765||Two reservoirs of oil||80 million boe||10,000-15,000b/d|
|Mulach-1||21||3,976||Five reservoirs of light oil||100 million boe||20,000-30,000b/d|
The six fields are expected to add over 865 million boe to Mexico’s 3P reserves, while at peak production they are expected to add between 193,000-210,000b/d and over 350 million cf/d. After Treviño’s presentation, Pedro Joaquín Coldwell, Minister of Energy, mentioned that the activities in the six fields are a clear example of Mexico’s efforts to reverse its oil and gas production declining and increase its reserves. “In the following two years we will be able to reverse the declining tendency of Mexico’s oil and gas reserves.” He then highlighted that 180 million barrels found in the Manik-101A and Mulach-1 discoveries place them among the 10 biggest shallow water discoveries in the world in the last 15 years. “This is a clear example of, Mexico’s great capacity to remain as an E&P referent on a global level,” Joaquín Coldwell concluded.
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