Pemex Drills 3 Successful Wells in Q1 2009

According to a report from Business News Americas, Pemex drilled three discovery wells in Mexico during the first quarter of 2009. With a combined initial production of 13,700 bopd, the state-run oil company's quarterly report stated that all three wells produce super light crude.

Located in the southern Marine Basin, the Bricol-1 and Cupache-1 wells are situated on the Cinco Presidentes project. Bricol-1 showed initial production rates of 5,200 bopd, while Cupache-1 showed initial rates of 1,300 bopd.

The largest discovery of the batch, the Bajilum-1 well was drilled on the Juliva project with an initial production rate of 7,200 bopd.

With production waning in the country, Mexico has committed to investing some $20 billion in 2009 to exploration and production activities.
 

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Deepwater Roustabout
Expertise: Roustabout
Location: Houma, LA
 
Experienced Floorhand
Expertise: Floorhand / Roughneck
Location: Dickinson, ND
 
Drill Rig Operator
Expertise: Directional Driller|Driller|Drilling Foreman / Drilling Supervisor
Location: Sand Springs, OK
 
search for more jobs

Brent Crude Oil : $50.97/BBL 1.53%
Light Crude Oil : $48.75/BBL 1.79%
Natural Gas : $2.92/MMBtu 0.68%
Updated in last 24 hours