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IS - Mexico approves Pemex’s $4.8B Ku redevelopment plan - August 2019



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Mexico’s National Hydrocarbons Commission approved Pemex’s modified redevelopment plan for the Ku field offshore Mexico, 105 km north of Ciudad de Carmen, Campeche. The company’s estimates its $4.8 billion plan would recover 297 MMboe (85% oil) over the remaining life of the field, in part through drilling 10 new wells, completing 11 wells and conducting major or minor workovers on more than 60 wells. Ku produced first oil in 1981 and formed the first......
 
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