Hokchi is a producing conventional oil field located in shallow water in Mexico and is operated by Hokchi Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block R01-L02-A2, with water depth of 75 feet. Buy the profile here.
An expansion project is associated with the Hokchi, namely the Hokchi Phase 2. This project is currently in the approval stage.
Field participation details
The field is owned by AEI Hidrocarburos, BASF, BP, Bridas Energy Holdings, China National Offshore Oil and LetterOne Holdings.
Production from Hokchi
The Hokchi conventional oil field recovered 10.28% of its total recoverable reserves, with peak production expected in 2024. Based on economic assumptions, production will continue until the field reaches its economic limit in 2040. The field currently accounts for approximately 1% of the country’s daily output.
Contractors involved in the Hokchi conventional oil field
The key contractors involved in the Hokchi project as follows.
Other Contractors: Paladon Systems
For more details on the Hokchi Conventional Oil Field, buy the profile here.