The CNH approved Pemex’s evaluation program for the Etkal-201EXP well in Campeche, with an estimated cost of up to $80.39 million.
The National Hydrocarbons Commission (CNH) approved the evaluation program presented by Pemex Exploration and Production (PEP) regarding the discovery of the Etkal-201EXP well, associated with the assignment AE-0160-2M-Chalabil.
The Etkal-201EXP Discovery was a producer of 37.2 degrees API oil and gas in the Upper Cretaceous.
The surface of the evaluation polygon is 19.31 square kilometers within the shallow water allocation AE-0160-2M-Chalabil, located on the continental shelf of the Gulf of Mexico, off the coast of the state of Campeche, belonging to the Cuencas oil province. of the Southeast, whose total area is 1,459.23 square kilometers.
The objective of the evaluation program is to confirm the vertical and horizontal limits of the Reservoir identified in the Upper Cretaceous, reduce the uncertainty in the original volumes and hydrocarbon reserves of the reservoir belonging to the Cretaceous and generate the technical and economic elements necessary to define the commerciality of the same.
To this end, Pemex proposes drilling the Etkal-2DEL delimitation well, carrying out pressure-production tests and updating the characterization study, in the base scenario, and a pressure-production test considering closures and openings with flow to the process ship, in the Incremental scenario.
The total cost of the evaluation program is estimated at 76.84 million dollars, in the base scenario and can reach up to 80.39 million dollars, considering the Incremental activities. It should be added that, considering both scenarios, more than 90% of the total cost will be allocated to drilling wells.
