In 2017, we completed drilling in Area 1, in the Gulf of Mexico, 200 km west of Ciudad del Carmen and more than 30 m under water. We are focusing our activities on licences where we have a 100 per cent share, with development work ongoing at Amoca, Miztón and Tecoalli. In July 2019, we launched the early production phase at the field in Miztón. This is the first step in developing an area with a total of 2.1 billion barrels of oil equivalent, of which 90 per cent is oil, across the three fields. The Miztón 2 well, where early production has started, has shown excellent prospects and will produce up to 15,000 barrels of oil a day in this phase. Full production will begin in early 2021, when we will set up a floating production, storage and offloading (FPSO) unit and reach a ceiling of 100,000 barrels of oil equivalent per day. The development plan for Area 1 involves building and installing two more platforms in the fields at Amoca and Tecoalli.
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Production launched
The early production phase has begun in the field at Miztón
Development plan approved
Development plan approved for Amoca, Mitzón and Tecoalli by the Mexican authorities
Tests and drilling
December: production test successful on the Tecoalli 2 well
September: Miztón-2 well successfully drilled
Area acquired
Area 1 acquired through competitive tender
2019
2018
2017
2015
Press releases
Keep up to date with the latest news about our work in the country and our projects in the region.
press release