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Page added on May 21, 2009

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New find may add to Mexico's biggest oil field – Pemex

MEXICO CITY (Reuters) – An exploration well drilled near the offshore Ku Maloob Zaap heavy oil field, Mexico’s most prolific producer, appears to show reserves at the complex that could be more than previously thought, the head of Mexico’s state oil company said on Wednesday.

The Tekel-1 well, drilled 6 kilometers away from another well known as Ayatsil, flowed at 6,000 barrels per day when completed in February.

“This well alone brought 100 million barrels of oil equivalent of new reserves and confirmed the extension of the Ayatsil field,” Pemex Chief Executive Jesus Reyes Heroles told reporters.

Pemex geologists are planning to drill two more wells nearby later this year to better delineate the Ayatsil field, Reyes Heroles said.

The reserve estimate has not yet been certified by third parties and Pemex is not including the well in its current reserve estimates.

Reuters



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