Chinwol is a conventional oil development located in deepwater in Mexico and is operated by Repsol Exploracion Mexico SA de C V. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Chinwol was discovered in 2020, lies in block R02-L04-A29, with water depth of around 1,522 feet. Buy the profile here.
The project is currently in feasibility stage and is expected to start commercial production in 2026. Final investment decision (FID) of the project will be approved in 2024.
Field participation details
The field is owned by BASF, LetterOne Holdings, Petroliam Nasional, PTT Public and Repsol.
Production from Chinwol
Production from the Chinwol conventional oil development project is expected to begin in 2026 and is forecast to peak in 2029, to approximately 15,967 bpd of crude oil and condensate and 8 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2070.
Remaining recoverable reserves
The field is expected to recover 99.39 Mmboe, comprised of 91.54 Mmbbl of crude oil & condensate and 47.06 bcf of natural gas reserves.
Contractors involved in the Chinwol conventional oil field
The key contractors involved in the Chinwol project as follows.
Other Contractors: DORIS Engineering
For more details on the Chinwol Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
