November 2, 2021
Fieldwood Energy E&P México, operator of Contractual Area 4, and its partner PetroBal, a subsidiary of Grupo BAL, report that on Friday, November 5, 2021, commercial oil and gas production began in the Ichalkil and Pokoch fields, located in shallow waters off the coasts of Campeche.
In this first stage of the project, Fieldwood México and PetroBal have invested more than $1.2 billion dollars in the exploration, development and reconditioning of the infrastructure required to achieve hydrocarbon production in these two fields.
The project has the highest standards in operation, process, automation and measurement equipment, as well as health, safety and environmental protection measures. Commercial production was completed once the security requirements of Petróleos Mexicanos (Pemex) for the reception of hydrocarbons were implemented and met.
The reconditioning of Pemex’s Tumut-A platform was necessary to start production, demonstrating the collaboration between Pemex and private participants in the energy sector for the benefit of Mexico.