Zama Field partners closing on approval for development plan

Nov. 3, 2022
Pemex and its partners could take a final investment decision on the Zama oil project by the end of next year, according to Harbour Energy.

Offshore staff

LONDON  Pemex and its partners could take a final investment decision (FID) on the Zama oil project by the end of next year, according to Harbour Energy.

The London-based independent is a partner in Block 7 in the Sureste Basin, which contains the main part of the Zama accumulation.

In its latest result statement, Harbour said the block’s co-venturers are close to an agreement on a unit development plan with Pemex, which operates the adjoining block and which was appointed overall operator of the project earlier this year.

Once the Mexican National Hydrocarbon Commission has received the proposals, the FEED will take place, followed potentially by FID.

Southwest of Zama in Block 30 (Harbour 30%), a two-well exploration campaign finally started last month following a prolonged rig acceptance process. The first well is targeting the amplitude-supported Kan prospect.

Also in October, the company submitted an initial plan of development for the offshore Tuna gas field for government review. And following the Timpan discovery earlier this year, Harbour is acquiring 3D seismic across the eastern part of its offshore Andaman II license.

The company and its partners plan further drilling activity across the Andaman Sea acreage starting in late 2023, targeting amplitude-supported prospects that have been de-risked by the Timpan discovery.

Another rig program at Natuna Sea Block A has finished, while a two-well program at the company’s Chim Sao Field off Vietnam is underway, following late delivery of the rig.

11.03.2022