April 04, 2024 17:57 GMT
Pemex’s Tuplico Profundo to Add 117m bbl to Mexico’s Output
OIL
Pemex plans to produce 116.9m bbl of oil and 124.4 bcf of natural gas from the Tuplico Profundo field in its lifespan, Mexico’s oil regulator said April 4.
- The field is one of the largest finds made during AMLO’s presidency.
- Between Nov. 2023 and Oct. 2024, the field is forecast to product 42.5m boe, around 116.5k b/d.
- "It really is a good field, but it will decline quickly," a source told Reuters. "The other advantage is that the quality of the hydrocarbons is high because it doesn't have many impurities - so the commercial value increases."
- Pemex plans to finish drilling the three existing wells and drill three additional wells, adding 12 pipelines.
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