Tekel is a heavy oil development located in shallow water in Mexico and is operated by Petroleos Mexicanos. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Tekel was discovered in 2009, lies in block A-0327-Tekel, with water depth of around 623 feet. Buy the profile here.
The project is currently in commissioning stage and is expected to start commercial production in 2023. The Tekel heavy oil development will involve the drilling of approximately eight wells.
Field participation details
The field is owned by Petroleos Mexicanos.
Production from Tekel
Production from the Tekel heavy oil development project is expected to begin in 2023 and is forecast to peak in 2026, to approximately 19,766 bpd of crude oil and condensate and 6 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 116.57 Mmboe, comprised of 111.01 Mmbbl of crude oil & condensate and 33.36 bcf of natural gas reserves.
Contractors involved in the Tekel heavy oil field
Some of the key contractors involved in the Tekel project as follows.
Main EPC: Dragados Offshore De Mexico
EPC Contractors: McDermott International and Integrated Drilling Equipment
Other Contractors: John Wood Group, Bluewater Energy Services, OffshoreTech and Himoinsa Mexico Plantas Electricas
About Petroleos Mexicanos
Petroleos Mexicanos (PEMEX) is a state-owned integrated oil and gas company. It operates across the value chain of the 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 a 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.
For more details on the Tekel Heavy 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.
