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November 23, 2021updated 27 Apr 2022 12:22pm

Chuc Conventional Oil Field, Mexico

By Carmen

Chuc is a producing conventional oil field located in shallow water in Mexico and is operated by Petroleos Mexicanos. The field is located in block A-0089-Chuc, with water depth of 118 feet.

Field participation details

The field is owned by Petroleos Mexicanos.


Production from Chuc

The Chuc conventional oil field recovered 99.14% of its total recoverable reserves, with peak production in 1999. The peak production was approximately 146.05 thousand bpd of crude oil and condensate and 182 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2025.


Remaining recoverable reserves

The field is expected to recover 10.43 Mmboe, comprised of 8.94 Mmbbl of crude oil & condensate and 8.9 bcf of natural gas reserves.


About Petroleos Mexicanos

Petroleos Mexicanos (PEMEX) is a state-owned integrated oil and gas company. It operates across the value chain of oil and gas industry, from exploration and production to processing, logistics, and marketing. The company also produces and distributes a wide range of petrochemical products. PEMEX owns and operates oil refineries, petrochemical and gas processing complexes, land and maritime terminals, oil and gas pipelines, maritime vessels, and fleet of road transportation. The company sells gasoline and diesel in the domestic market through gas service stations under the PEMEX brand. It also exports crude oil, natural gas, petroleum and petrochemical products to international markets. PEMEX is headquartered in Mexico City, Mexico.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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