Suuk is a conventional oil development located in shallow water in Mexico and is operated by Petroleos Mexicanos. Discovered in 2017, Suuk lies in block AE-0006-Amoca-Yaxche-04, with water depth of around 148 feet.
The project is currently in commissioning stage and is expected to start commercial production in 2022. The Suuk conventional oil development will involve the drilling of approximately six wells.
Field participation details
The field is owned by Petroleos Mexicanos.
Production from Suuk
Production from the Suuk conventional oil development project is expected to begin in 2022 and is forecast to peak in 2024, to approximately 11,817 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 2036.
Remaining recoverable reserves
The field is expected to recover 23.73 Mmboe, comprised of 19.79 Mmbbl of crude oil & condensate and 23.61 bcf of natural gas reserves.
Contractors involved in the Suuk conventional oil field
Some of the key contractors involved in the Suuk project as follows.
EPC Contractors: ESEASA Construcciones and Permaducto
About Petroleos Mexicanos
Petroleos Mexicanos (PEMEX) is a state-owned integrated oil and gas company. It operates across the value chain of 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 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.
Methodology
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.