Wintershall Dea discovers 300 million barrels of oil potential in Mexico

Inspenet, April 28, 2023

Wintershall Dea, in collaboration with Harbor Energy and Sapura OMV, has announced the discovery of oil in the Kan exploration prospect in Block 30, located in the shallow waters of the Salina Basin in the Southeast Basin, offshore Mexico, approximately 25 kilometers off the coast of Tabasco.

This important discovery may contain between 200 and 300 million barrels of oil equivalent in situ, according to preliminary estimates.

The Kan well, drilled by the Borr Ran platform, reached a total depth of 3,317 meters and encountered more than 170 net meters of Upper Miocene sands with good petrophysical properties and high-quality oil. The rig was moved to a second prospect to be drilled in Block 30 of Wintershall Dea, specifically Ix, located some 20 kilometers northeast of the Kan discovery.

1727 Wintershall Dea petroleo Mexico MEX Block 30 EN
Wintershall Dea’s license portfolio in the Southeast Basin of Mexico. Credit Wintershall Dea

Wintershall Dea’s Director of Technology, Hugo Dijkgraaf, has highlighted that the success of the discovery is a significant step to expand its presence in Mexico contributing to the development of a potential new center in the shallow waters of the Southeast Basin. The company owns 40% of block 30, Harbor Energy and Sapura OMV 30% each.

The Block 30 consortium will evaluate the extensive collection of subsurface data to prepare the evaluation plan for the Kan discovery, which will be submitted to the Mexican National Hydrocarbons Commission (CNH) before the end of July 2023.

“This major discovery in the first Wintershall Dea-operated exploration well offshore Mexico is a great success,” said Hugo Dijkgraaf, Wintershall Dea’s Chief Technology Officer and Executive Council member responsible for global exploration.

“It was one of the most contested blocks of Mexico’s Bid Round 3.1 back in 2018. The successful Kan discovery confirms the attractiveness of Block 30, complementing the company’s outstanding portfolio of Mexican licenses. It is a significant step in expanding our footprint in Mexico contributing to the development of a potential new center in the shallow waters of the Southeast Basin,” Dijkgraaf underlines.

Martin Jungbluth, Managing Director of Wintershall Dea in Mexico, notes: “Following the recent presentation of the Unitary Development Plan for the Zama field and the acquisition of a material interest in the producing Hokchi field, the discovery in Block 30 is the next milestone. important for Wintershall Dea in Mexico. From our strong position in the market, with our value-added projects in the exploration and development phase, as well as our current production projects, we hope to contribute to the further development of the Mexican energy sector.”

This oil discovery comes one month after Eni also discovered oil in an exploration well located in Block 7 of the Southeast Basin, off the coast of Mexico, using a semi-submersible rig owned by Valaris.

1727 Wintershall Dea petroleo Mexico Block 30 Hero interna 2 1
Wintershall Dea’s team on the Borr Ran platform, off the coast of Mexico. Credit Wintershall Dea/Frank Meyer

Wintershall Dea in Mexico

Wintershall Dea was established in Mexico in 2017 and has since established itself as one of the leading international upstream companies in Mexico, with licensing interests in all phases of the E&P value chain.

With a 50% stake, Wintershall Dea has been the operator of the producing Ogarrio onshore oil field since 2018. The Mexican state company Pemex is a partner and owns the remaining shares. In addition, the company owns 37% in the producing Hokchi offshore block, which currently produces around 27,000 barrels of oil equivalent per day. The company is, after Pemex, the second largest shareholder of the world-class Zama discovery. In addition, it has material interests in ten offshore exploration blocks located in the Gulf of Mexico, three of them as operator.

Source and Photos :

Don’t miss the Inspenet News at:

Related news

Share this news on your social networks