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April 28, 2022

Tekel Heavy Oil Field, Mexico

By Carmen

Tekel is a heavy oil development located in shallow water in Mexico and is operated by Petroleos Mexicanos. Discovered in 2009, Tekel lies in block A-0327-Tekel, with water depth of around 623 feet.

The project is currently in commissioning stage and is expected to start commercial production in 2022. 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 2022 and is forecast to peak in 2025, 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 2069.


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: Integrated Drilling Equipment and McDermott International

Other Contractors: Bluewater Energy Services, Himoinsa Mexico Plantas Electricas, John Wood Group and OffshoreTech

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.

Related Companies

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