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Pemex Awards Subsea Contract for Lakach Field

The first deepwater subsea project to be developed by Petroleos Mexicanos (Pemex) has been awarded to OneSubsea, a Cameron and Schlumberger Ltd. company, for the natural gas-rich Lakach field offshore Mexico.

The $270 million-plus contract would be the first project of its kind for the state-owned operator, OneSubsea noted.

The Lakach field was discovered in 2008, and at the time was estimated to hold 308 Bcf in reserves, with total possible, probable and proven reserves of up to 1.3 Tcf (see Daily GPIApril 21, 2008). The field is in the Holok-Temoa area.

The first Lakach well in 2007 produced at an initial rate of 25-30 Mcf/d in 3,241 feet of water, the deepest well to date at the time for Pemex. The well was 96% dry gas.

In 2011, Pemex drilled another well in the field, the Piklis-1, which set a new depth record (see Daily GPIMay 27, 2011). Piklis was drilled to a water depth of about 6,326 feet. It is located about 89 miles northwest of the city of Coatzacoalcos in the state of Veracruz.

Pemex has found mostly gas from about 10 successful deepwater wells that it has drilled since 2004. If it is able to exploit the resources, the wells could boost reserves by up to 1 Tcf, according to Mexican officials.

OneSubsea was contracted to supply a seven-well system that would include production equipment and tooling. It also would provide installation and commissioning services. Deliveries are expected to begin in June 2016.

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