Repsol makes two deepwater oil discoveries off Mexico

May 4, 2020
Repsol and its partners have discovered oil with two deepwater wells in block 29 offshore Mexico.

Offshore staff

BANGKOK, ThailandRepsol and its partners have discovered oil with two deepwater wells in block 29 offshore Mexico.

According to PTTEP, both encountered good-quality reservoirs at locations 88 km (54.7 mi) from the Tabasco coastline.

The first well, Polok-1, was drilled in a water depth of 583 m (1,913 ft) and to a TD of 2,620 m (8,596 ft), delivering around 200 m (656 ft) of net oil pay. Subsequently, Chinwol-1, in 464 m (1,522 ft) of water and with a TD of 1,850 m (6,069 ft), had net oil pay of roughly 150 m (492 ft).

Results in both cases were encouraging, and the partners now plan to seek approval from the Mexican regulators for follow-up appraisal activities.

Wintershall Dea is the other co-venturer.

05/04/2020