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Wintershall Dea Mexico Sets Sights on New Horizons with Kan-1EXP Discovery

Wintershall Dea Mexico Sets Sights on New Horizons with Kan-1EXP Discovery
7 February, 2024Gulf of MexicoInternationalMaritimeOffshore Drilling NewsOffshore NewsUpstream

Wintershall Dea Mexico has been granted approval by the National Hydrocarbons Commission (Comisión Nacional de Hidrocarburos) for a pivotal 2023-2024 evaluation and work program at the Kan-1EXP discovery, positioned just 20 km off the Tabasco coast in the Southeast Basin Petroleum Province. This initiative marks a significant advancement in Mexico’s oil exploration landscape.

➡Key Highlights: ✔Strategic Location: The discovery is situated 20 km from the Tabasco coast, covering an expansive area of over 527 km², with an evaluation area of 55.19 km². ✔Successful Drilling Results: The Kan-1EXP well began drilling in October 2022 and achieved successful oil production from the Upper Miocene by July 2023. ✔Comprehensive Evaluation Plan:Advanced 3D seismic reprocessing In-depth geological studies ✔Drilling of up to two delineation wells ✔Cutting-edge reservoir engineering ✔Investment: The project involves a total investment of $237.39 million US, underscoring a significant commitment to exploring and developing Mexico’s hydrocarbon resources.

This venture showcases Wintershall Dea Mexico’s dedication to innovation, sustainability, and strategic exploration, aiming to bolster energy resources and contribute to the nation’s economic growth.

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