Asset Report

Chicontepec

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The Chicontepec fields (Aceite Terciario del Golfo) have the highest resource in place in Mexico with over 80 billion barrels. Development of the fields is challenging due to a tight reservoir, low drive and its heterogeneous nature. Pemex has attempted to incorporate external technology and know-how through the use of field laboratories and licensing rounds. These measures have had limited impact in production. In 2013, Pemex started drilling horizontal, multi-frac wells in Chicontepec ...

Table of contents

  • Summary
    • Technical challenges
    • New drilling techniques
    • The Chicontepec Integrated Service Contracts Round
    • Miquetla migration
  • Official estimates
  • Oil
  • Gas
  • Capital costs
  • Operating costs
  • Oil
    • Fiscal terms for Chicontepec
    • Global Economic Model (GEM) file
  • Cash Flow

Tables and charts

This report includes the following images and tables:

  • Reserves (2P) at 01/01/2025
  • Contingent Resources (2C) at 01/01/2025
  • Production (2015-2024)
  • Production Profile
  • Capital Costs Pre-2016 to 2024 (US$ million)
  • Operating Costs 2024 to 2033 (US$ million)
  • Annual Gas Prices
  • Cash Flow (US$)
  • PV Table (US$)
  • Summary Table (US$)
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • 7 more item(s)...

What's included

This report contains:

  • Document

    Chicontepec

    XLS 722.00 KB

  • Document

    Chicontepec

    PDF 2.14 MB