CNH approves Pemex for accelerated development of the Kayab field

Mexican oil (Pemex) received the approval of the National Hydrocarbons Commission (CNH) for what was called “accelerated development” of unfurleda marine field of extra heavy oilactivity that is carried out for the first time since the regulator makes public approvals for exploration and production of hydrocarbons and in which it will invest 18,730 million dollars.

Of this investment, 82% will be for the extraction of up to 493.77 million barrels of oil equivalent of oil and condensate and 53,230 million cubic feet of natural gas, with what unfurled It is the development with the largest volume of hydrocarbons that has been approved by the CNH since its current legal conformation.

The extraction will be through the drilling of 35 development wells, four major repairs and 1,119 minor repairs of the wells to be drilled along the validity of the allocation. It will also install six new ducts that will connect in the land facilities of the greatest assignment that it has today PemexWhat is it Ku Maloob Zaap and that it will be abandoned in the year 2063, shortly after the activities in Kayab conclude.

The development is “accelerated”, because the activities of this allocation, barely granted a year and a half ago, went directly from exploration to development, without going through the evaluation period and since February this year Pemex began with the procedures for the regulator to grant permission to extract hydrocarbons in the area.

Related Post

Olmeca Refinery will not be listed in July and the overhead is already 100%

May 22, 2023

Pemex reports earnings in 1Q 2023, financial debt drops slightly

May 3, 2023

Mexico will achieve sovereignty in hydrocarbons by 2024: AMLO

March 19, 2023

Thousands of people gather in the Zócalo to hear AMLO’s message

March 18, 2023

The field is located within the AE-0164 Campeche Oriente assignment, in territorial waters off the coast of Tabasco y CampechEY is valid for 30 years, after being approved by the Ministry of Energy on April 12, 2021. It has an extraction area of ​​41.6 square kilometers. The depth where hydrocarbons are found is the Cretaceous window, where by drilling two well American Petroleum Institute (API).

“They are one of the first fields that Pemex is developing with these characteristics, which have their own particularities and complexities”, Francisco Castellanos PáezGeneral Director of Regulatory Extraction Opinions, “having an accelerated development they told us that they will have a better recovery and also a better performance in terms of economic indicators.”

For the work that will be carried out, it will be necessary that different technologies be used especially in flow insurance issues, due to the high viscosity of the oil, which represents an important challenge and an activity not previously carried out by Pemexexplained the specialist.

“Once again we are entering Mexico to an area where you do not have as much experience as the extra -viscosity extra dependent crude and it is necessary to study this type of deposits for its operation. The crude has to be characterized as real as possible to be able to take it from the surface site, ”said Commissioner Alma América Porres Luna in the

He is also a member of the governing body of the CNHHéctor Moreira, explained in turn during the 78 extraordinary session of the governing body of the regulator that the approval for the development of unfurled It is the largest that has been done so far by the regulator. For example, the ZAMA field that so far is the one with the greatest prospective resources discovered by a private in Mexico has an extraction volume of between 400 and 800 million barrels of equivalent crude oil, as determined by the company Talos that unified the deposit with Pemex For your operation.

In this Kayab field we are talking about an investment of almost 20,000 million dollars by the state company, we are entering the largest leagues, with resources of almost 500 million barrels, it is an area of ​​great opportunities and great complexity ”, Héctor Moreira said.

The commissioner finally recommended by the CNH that this development will require great monitor They are not adequate or have a bad planning. He also suggested that the characterization of the site be updated since so far has an exploratory well performed in 2004 and one of 2009 evaluation, and through these it will begin its development.

karol.garcia@eleconomista.mx

kg