Spanish oil and fuel firm Repsol has made two vital offshore oil discoveries in Mexico’s deepwater with its Polok-1 and Chinwol-1 exploration wells in Block 29 within the Salina Basin.
Repsol mentioned on Monday that each wells confirmed high-quality reservoirs with wonderful properties, encountering web oil pay of 200 meters and 150 meters, respectively.
The wells had been drilled utilizing the Maersk Valiant drillship.
With these finds, Repsol has posted six discoveries from six wells drilled worldwide this 12 months, uncovering mixed gross assets in extra of 650Mboe, within the U.S., Mexico, and Colombia.
According to Repsol, each wells in Mexico had been drilled beneath their price and time estimations.
The consortium companions are Repsol (30%, operator), PC Carigali Mexico Operations (28.33%), Wintershall DEA (25%), and PTTEP (16.67%).
The companions will consider all knowledge collected within the wells to organize the discoveries’ appraisal plan, to be submitted to Mexico’s hydrocarbons regulator CNH earlier than the top of the 12 months.
The discoveries in Mexico’s Block 29 are simply 12 km other than one another, and 88 kilometres (55 miles) from the Mexican shoreline of Tabasco, in water depths of roughly 600 meters (1,969 toes).
The Polok-1 exploration effectively was drilled to a complete depth of two,620 meters and encountered greater than 200 meters of web oil pay from two zones within the Lower Miocene.
The Chinwol-1 exploration effectively was drilled to a complete depth of 1,850 meters and encountered greater than 150 meters of web oil pay from three zones within the decrease Pliocene.
Wireline Formation testing carried out on each wells has proven good stream capability in a number of stations alongside the Miocene and Pliocene reservoir items.
New effectively forward
Repsol just lately obtained approval from the CNH to drill the corporate’s third deepwater exploration effectively offshore Mexico, positioned in Block 10 offshore Veracruz.
The effectively will probably be spudded within the following days utilizing the identical Maersk Deep Water Valiant drillship.
Repsol operates a complete of six blocks offshore Mexico, three in deep water and three in shallow water areas. The firm continues to judge all seismic and obtainable knowledge from the remainder of the blocks to be able to fulfil its work packages permitted by CNH.
The submit Repsol hits two oil discoveries offshore Mexico appeared first on Offshore Energy.