Yaxche is a producing conventional oil field 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, the field is located in block A-0373-Yaxche, with water depth of 66 feet. Buy the profile here.
Field participation details
The field is owned by Petroleos Mexicanos.
Production from Yaxche
The Yaxche conventional oil field recovered 39.89% of its total recoverable reserves, with peak production in 2012. The peak production was approximately 56.13 thousand bpd of crude oil and condensate and 26.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2069. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 258.85 Mmboe, comprised of 254.39 Mmbbl of crude oil & condensate and 26.74 bcf of natural gas reserves. Yaxche conventional oil field reserves accounts 0.06% of total remaining reserves of producing conventional oil fields globally.
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 Yaxche 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.
