Unitisation process of Zama field offshore Mexico finalised, Pemex appointed operator

Talos Energy and Petróleos Mexicanos (Pemex) have received the final unitisation resolution (UR) from Mexico’s Ministry of Energy regarding their co-development of the Zama field offshore Mexico.

Unitisation of the field was required after the companies determined that the field is located within both a Talos-operated block and an adjacent Pemex-operated block, and were unable to agree on how to share the field.

Through the UR, Pemex has been appointed operator of the unit. Talos will maintain a 17.35% participating interest in the field.

A third-party reserves auditor estimated the discovered recoverable resource volumes in the Zama field to be between 735m and 950m barrels of oil equivalent. The field could produce over 160,000 barrels of oil equivalent per day once fully developed, according to a statement from Talos.

Talos said it anticipates submission of a unit development plan for approval by the working interest partners within 12 months, a critical step before the parties can make a final investment decision in 2023.

Kim Biggar

Kim Biggar started writing in the supply chain sector in 2000, when she joined the Canadian Association of Supply Chain & Logistics Management. In 2004/2005, she was project manager for the Government of Canada-funded Canadian Logistics Skills Committee, which led to her 13-year role as communications manager of the Canadian Supply Chain Sector Council. A longtime freelance writer, Kim has contributed to publications including The Forwarder, 3PL Americas, The Shipper Advocate and Supply Chain Canada.
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