Mundo Nuevo is a producing conventional gas field located onshore Mexico and is operated by Renaissance Oil. The field is located in block R01-L03-A15.
Field participation details
The field is owned by Reconnaissance Energy Africa.
Production from Mundo Nuevo
The Mundo Nuevo conventional gas field recovered 98.91% of its total recoverable reserves, with peak production in 1982. The peak production was approximately 11.83 thousand bpd of crude oil and condensate and 106 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 1 Mmboe, comprised of 0.22 Mmbbl of crude oil & condensate and 4.68 bcf of natural gas reserves.
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.