Pemex ready to drill Kante-1EPX well in deep water

Pemex Exploration and Production (PEP) expects the recovery of 24 million barrels of crude oil equivalent and a 51 percent probability of geological success with the drilling of the Kante-1EXP well, located in deep water.

This prospect is part of the Base Scenario of the modification to the current exploration plan approved through resolution CNH.E.54.002/2022 corresponding to Assignment AE-0154-2M-Chalabil.

The geological objective of the drilling is the Lower Pliocene, since a potential interval of hydrocarbons was identified there. Meanwhile, the directional trajectory will be Vertical with a depth of 2 thousand vertical meters under a rotary table.

The activities will last 56 days, beginning on November 19 and ending on January 12 of the following year.

The drilling proposal was submitted by the assignee during the 81st. Extraordinary Session of the National Hydrocarbons Commission (CNH), who, finding no problems, gave their approval on the activities to be carried out.

On the other hand, the commissioners cast their vote in favor of the modification to the exploration plan of Pantera Exploration and production on the contract CNH-R02-L02-A4.BG72017.

The adjustments are aimed at continuing the evaluation of the oil potential in the Oligocene, Vicksburg formation in the two operating scenarios through the processing of 3D seismic information, 21 exploratory studies and the drilling of the Tsastun-1EXP, Sikulan-1EXP and Puslman wells. -1EXP, these two in the Incremental Stage.

The resources to be evaluated are 125.73 million barrels of crude oil equivalent, while the amount of hydrocarbons to be evaluated would be 16.33 million barrels of crude in the Base Scenario and 12.26 million barrels of crude in the Incremental Scenario.

Likewise, it foresees an investment of 13.21 million dollars and 25.80 million barrels in each of the scenarios.