Shell spuds well in deepwater Gulf of Mexico
Royal Dutch Shell has begun spudding the ultra-deepwater Chibu-1EXP well in the Gulf of Mexico, a hallmark in tapping Mexico’s large and underdeveloped offshore oil assets.
Since December, Shell’s specialized drilling rig Deepwater Thalassa has moved into location over the well site, in the Campeche basin. It is expected to reach the seabed at 2,760m in depth, and then proceed to drill to two separate objectives, the secondary reaching a depth of over 6,700m.
This represents an immense challenge for petroleum engineering, but Shell also expects a potentially large reward.
Based on its plans presented to regulator CNH last November, Shell expects to find oil with an API gravity of 28°. The firm estimates combined reserves of 219Mboe between the two objectives, which would amount to 3% of Mexico’s proven oil reserves.
Shell won the site, part of assignment CNH-RO2-LO4-AP-CS-GO1/2018, in auction Round 2.4.
Given the challenges presented by such deepwater exploration, Shell expects to spend over US$93mn on drilling Chibu-1EXP.
If drilling proceeds according to schedule, Shell will finalize exploration in February and seal Chibu-1EXP by March 1.
ALSO READ: Mexico approves Shell, Pemex offshore projects
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Oil & Gas (Mexico)
HDF Energy could become Mexico's green hydrogen pioneer
The French firm's vice president for Latin America, Cristina Martín, talks to BNamericas about upcoming projects and Mexico's green H2 potential.
US firm to invest US$2.2bn in Mexican net-zero methanol facility
The Pacífico Mexinol facility in Sinaloa state will export methanol, with construction set to start next year.
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Oil & Gas (Mexico)
Get critical information about thousands of Oil & Gas projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Energía Los Cabos
- Current stage:
- Updated:
4 months ago
- Project: Vista Pacifico LNG
- Current stage:
- Updated:
4 months ago
- Project: Delicias Solar photovoltaic plant for the production of green hydrogen
- Current stage:
- Updated:
4 months ago
- Project: Area 12 - Cuencas del Sureste
- Current stage:
- Updated:
5 months ago
- Project: Reconfiguration of Residuals at the Tula Refinery (Miguel de Hidalgo)
- Current stage:
- Updated:
5 months ago
- Project: Kunah field
- Current stage:
- Updated:
5 months ago
- Project: Block 22 - Secadero
- Current stage:
- Updated:
5 months ago
- Project: Block 4 - Calicanto
- Current stage:
- Updated:
5 months ago
- Project: Area 32 - Cuencas del Sureste
- Current stage:
- Updated:
5 months ago
- Project: Area 33 - Cuencas del Sureste
- Current stage:
- Updated:
5 months ago
Other companies in: Oil & Gas (Mexico)
Get critical information about thousands of Oil & Gas companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Consorcio GA Energy Services, Coopsa Ambiental, Measure Solutions, Nuova Ghizzoni, Sicilsaldo
-
GA Energy Services Consortium, Coopsa Environmental, Measure Solutions, Nuova Ghizzoni, Sicilsaldo is a company made up of Coopsa Ambiental S.A. de C.V., GA Energy Services, S.A...
- Company: ICA Fluor, S. de R.L. de C.V.  (ICA Fluor)
-
ICA-Fluor Daniel, S. de R.L. de C.V. (ICA Fluor) is a JV formed in 1993 between Mexican engineering construction group ICA and US-based engineering, procurement, construction an...
- Company: Axis Communications  (Axis LAC)
-
The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
- Company: Pacífico Mexinol, S. de R.L. de C.V.  (Mexinol)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Pemex Exploración y Producción, S.A. de C.V.  (PEP)
-
Pemex Exploración y Producción, the E&P subsidiary of Mexican national oil company Pemex, is engaged in the exploration and production of oil, gas, and other hydrocarbons within...
- Company: Consorcio C5M - QMAX
-
Consorcio C5M - QMAX is a company formed by Consorcio Petrolero 5M del Golfo and Q'Max Solutions Inc. for the execution of the Campo Cuitláhuac project, which is located in Tama...
- Company: Consorcio Petrolero 5M del Golfo
-
Consorcio Petrolero 5M del Golfo is the operator of the Benavides Primavera block in Nuevo Leon, Mexico. The consortium includes the Mexican companies Sistemas Integrales de Com...
- Company: Iberia Renovables Durango S.A.P.I. de C.V.  (Iberia Renovables Durango)
-
The description included in this profile was taken directly from an AI source and has not been edited or modified by BNamericas researchers. However, it may have been automatica...
- Company: SSA México S.A. de C.V.  (SSA México)
-
SSA México S.A. de C.V., the local unit of US-based port operator SSA Marine Inc., offers cargo-handling and related services for the movement and storage of various types of ca...