Pemex Launches 2nd Marine Well Data Interpretation Tender

The E&P unit of Mexico's state oil company Pemex has launched a second international tender to collect, process and interpret the geological and geophysical characteristics of oil wells in its marine division.

The winner of the contract will have to set up an operations base in or near the city of Ciudad del Carmen, Campeche state. Pemex launched the first tender in December.

Pemex will use the information to determine well formation porosity, density, temperature and water saturation, among other parameters, according to the bidding rules.

The data will help evaluate production potential and optimize exploration.

Offers are due April 3.

Work is slated to begin in June and will take a little over two years to complete. Pemex has budgeted an initial 6.79mn pesos (US$620,000) plus US$12mn for works.

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