Total awarded exploration blocks in offshore Mexico
Published by Louise Mulhall,
Editorial Assistant
Oilfield Technology,
Total has been awarded exploration licenses on three blocks in offshore Mexico, following the country’s first competitive deepwater bid round.
Total will be operator of Block 2 in the Perdido basin with a 50% interest, while ExxonMobil has the remaining 50%. The block covers a surface area of 2977 km2 at water depths ranging from 2300 to 3600 m.
In the Salina basin, Total has won a participating interest of 33.3%, alongside Statoil (33.4%) and BP (33.3%), in Blocks 1 (2381 km²) and 3 (3,287 km²).
“With our successful bids in these promising deepwater prospects, Total has seized the opportunity to benefit from Mexico’s energy reforms. Our winning bids add high-grade exploration potential to our portfolio,” said Arnaud Breuillac, President Exploration & Production at Total. “We now look forward to launching exploration works and expanding our cooperation with Mexico together with our partners.”
Read the article online at: https://www.oilfieldtechnology.com/exploration/06122016/total-awarded-exploration-blocks-in-offshore-mexico/
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