PEP will use the information to determine well formation porosity, density, temperature and water saturation, among other parameters, according to bidding rules.
The data will allow PEP to evaluate production potential and optimize exploration. The winner of the contract will have to set up an operations base in or near the city of Reynosa, Tamaulipas state. Work is slated to begin in January and will take close to three years. Pemex has budgeted US$22.7mn for the first year of works.
Potential bidders may buy rules until November 22 with offers due November 28.
Visit BNamericas to access our real-time news reports, 7-year archive, Fact File company database, and latest research reports. Click here for a Free two week trial to our Latin America Oil & Gas information service.
Most Popular Articles