Chevron will invest 354 million dollars in deepwater exploration

The Chevron company estimates to invest up to 354 million 281.7 thousand dollars for the exploration of contract area 22, located in deep waters of the Salina Basin of the Gulf of Mexico, where they participate in a consortium with Petróleos Mexicanos (Pemex) and the Japanese company Inpex.

Chevron will invest 354 million dollars in deepwater exploration. Image: Flickr
Chevron will invest 354 million dollars in deepwater exploration. Image: Flickr

According to the proposal approved by the National Hydrocarbons Commission (CNH), in the baseline scenario, the company proposes the acquisition, processing and reprocessing of simile of almost three thousand square kilometers of 3D Waz, eight exploratory studies, the drilling of a well, as well as the integration of results and updating of studies

For this, the oil company estimates an investment of 215 million 167.3 thousand dollars, of which 70 percent of the resources would be for the drilling of wells, 19 percent for geophysics, 6.0 percent in general expenses, 4.0 percent in safety, health, and environment, while the remaining 1.0 percent in geology.

Chevron also proposed a scenario where it would do the drilling of an additional well, as well as the integration of results and updating of exploratory studies, with which the investments would rise to 354 million 281.7 thousand dollars.

The prospectus proposed by the company is Colel Cab, which is at a depth of 7,600 vertical meters below sea level, prospective resources of 289 million barrels of oil equivalent (a figure that will be updated according to the findings) and a probability geological 17 percent.

In the 22nd Extraordinary Session of the CNH, they explained that the company has eight prospects in the area, including Colel Cab, where there could be an exploratory potential in the deepwater field.

For its part, the commissioner Alma América Porres Luna explained that before drilling in that area, the company will acquire and process seismic information, to characterize it and then define the locations of the well.

"This contract is, of course, the operator is this Chevron, but it is a consortium that is also participating Petróleos Mexicanos and the operator Inpex ... here is also Pemex which has the participation of 27.5 percent, means that Pemex continues to participate in deep waters."

by Agency

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