Polok 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, Polok was discovered in 2020, lies in block R02-L04-A29, with water depth of around 1,912 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. The Polok conventional oil development will includes FPSO.
Field participation details
The field is owned by BASF, LetterOne Holdings, Petroliam Nasional, PTT Public and Repsol.
Production from Polok
Production from the Polok conventional oil development project is expected to begin in 2026 and is forecast to peak in 2029, to approximately 17,546 bpd of crude oil and condensate and 9 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2071.
Remaining recoverable reserves
The field is expected to recover 109.61 Mmboe, comprised of 100.96 Mmbbl of crude oil & condensate and 51.90 bcf of natural gas reserves.
Contractors involved in the Polok conventional oil field
The key contractors involved in the Polok project as follows.
Other Contractors: DORIS Engineering
For more details on the Polok 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.
