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Area 1

We acquired this land in 2015. The project covers a vast area rich in hydrocarbons, in the Gulf of Mexico, 33 m under water.

Production in the Gulf of Mexico

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.

Safety first

We regard safety at work as a core value – one we share with employees, contractors and local communities. That is why we do everything we can to avoid accidents, using organisational models to assess and manage risks, implementing training plans, developing expertise and promoting a culture of safety.

 

Technologies

Production tests and studies of reservoirs carried out in December 2017 in the Amoca and Miztón fields in Area 1 enabled us to increase our total estimated amount of hydrocarbons. For this project, exploring the subsoil was crucial to improving our results – and today we can do it more efficiently.

 

Asset

What is produced on the Miztón platform is pumped through a multi-phase line to an on-shore receiving facility (ORF) built by us in Sánchez Magallanes, in the state of Tabasco. After separation, it is sent to the Pemex plant in San Ramón for further treatment. The development plan for Amoca, Mitzón and Tecoalli will involve installing a platform linked to an existing ORF. The full-field development phase involves installing three more platforms and an FPSO to increase production capacity.

 

Environment and community

In May 2019, we signed a memorandum of understanding with the state government of Tabasco to identify and develop sustainability projects in education, health care and socio-economic development, to contribute to the Mexican government's own plans and improve conditions for the poorest communities in Tabasco.