Petronas announces two deepwater oil discoveries in Mexico

Source: Xinhua| 2020-05-05 15:22:32|Editor: huaxia

KUALA LUMPUR, May 5 (Xinhua) -- Malaysia's state-owned Petronas announced two deepwater oil discoveries in Mexico on Tuesday.

Petronas said in a statement that its subsidiary, PC Carigali Mexico Operations S.A. de C.V. (PCCMO), made two deepwater oil discoveries from the Polok-1 and Chinwol-1 exploration wells in Block 29d in the Salina Basin, offshore Mexico.

The Polok-1 well was safely drilled to a depth of 2,620 meters and encountered 200 meters of net oil pay in Lower Miocene deep marine clastic reservoirs.

Meanwhile, the Chinwol-1 well, located 12 km from Polok-1, was drilled to a depth of 1,850 meters and encountered net oil pay of 150 meters in the lower Pliocene formation.

Drilling of the Polok-1 exploration well had commenced from Feb. 29, 2020, consecutively followed by the drilling of the Chinwol-1 well, according to the statement.

Petronas Vice President of Exploration Upstream, Emeliana Rice-Oxley, said the two discoveries together with the oil discovery in the Monument exploration well, offshore U.S. Gulf of Mexico last month, marks three successful discoveries in a row, a significant milestone for Petronas and its ventures in the Americas.

Pertronas through its subsidiary, PCCMO, currently holds interest in 10 exploration blocks across Mexico's three main basins, with a total area of approximately 22,000 square km, of which PCCMO is the operator in five of the blocks. Enditem