Pemex Launches Rig, Burgos Pipeline Tenders

Mexican state oil company Pemex's E&P unit Pemex Exploracion y Produccion (PEP) launched international tenders on Thursday to offshore rigs for the Gulf of Mexico and build natural gas pipelines in the Burgos basin.

The rig tender is broken into five lots. The first two entail supplying one self-elevating jackup capable of operating in a minimum depth of 200-250 feet (61-76m) of water and the capacity to drill to a minimum of 20,000 feet.

The three other lots are to supply semisubs. One must operate in a minimum depth of 3,000 feet and have capacity to drill to a minimum depth of 25,000 feet. The second and third must be able to operate in a minimum depth of 1,000 feet and drill to a minimum depth of 25,000 feet.

The rigs will operate in the BEHELAE-1, BOLONTIKU-2, ESLIPUA-1, ICHAL-1 and PIT-DL1 wells respectively.

The charter timeframes will run 730-931 days, depending on lot. All rigs must include a crew. Offers are due October 5.

Although reference prices were not provided, PEP director Carlos Morales Gil said this week drilling equipment contracted three years ago at US$50,000-60,000 a day today costs US$120,000-150,000 a day.


The Burgos pipelines will be built in the Antiguo, Canon, Calabaza, Velero, Comitas, Cuervito, Culebra and/or other fields in the states of Tamaulipas and Nuevo Leon.

Pemex has budgeted 36.4mn pesos (US$3.33mn) for the first year of works slated to begin in November and wrap up in the same month of 2008.

Offers are due October 17.

Last month, PEP issued a call for bids for three E&P natural gas contracts in the Burgos basin. Works would total US$2bn and aim to increase natural gas production by 200 million cubic feet (5.66 million cubic meters) a day.

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