Talos-led group aiming to appraise Zama offshore Mexico

Premier Oil expects appraisal drilling to start later this year or in early 2019 on the Zama oil discovery in block 7 in the Sureste basin offshore Mexico.

Jan 12th, 2018

Offshore staff

LONDONPremier Oil expects appraisal drilling to start later this year or in early 2019 on the Zama oil discovery in block 7 in the Sureste basin offshore Mexico.

Planning continues with operatorTalos Energy and Sierra Oil & Gas.

Offshore Indonesia, Premier’s BIGP development project in Natuna Sea block A is on budget and schedule for first gas in 2019, and production will backfill the company’s existing Singapore and domestic market contracts.

The company has also signed a Memorandum of Understanding with Petrovietnam and SKK Migas (on behalf of the Indonesian government) concerning future gas sales to Vietnam from the offshore Tuna field (Premier 65%).

Premier has since initiated a farm-out process ahead of further appraisal drilling in the area planned for 2019.

01/12/2018

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