sâmbătă, 27 august 2011

Pemex confirms new light crude discovery

Mexican state oil company Pemex E&P successfully completed trial production in the exploratory well Kinbe-1 (Ruta del Sol), confirming the existence of a new deposit of light crude(37°API), located 87 km northwest of Ciudad del Carmen, in a water depth of 22 m.

This new discovery increases oil potential of the area, which consists of Tsimin, Xux, May fields as part of the Pemex’s light crude marine project.

The well began drilling in May 2010 and ended on August 9 of this year. Average initial production was 5,600 bpd and 9 MMcfd of gas. The producing interval is in the Kimmeridgian formation of the Upper Jurassic.

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