Perenco Mexico will invest $186 million next year in its Santuario El Golpe light crude concession in the state of Tabasco.

In an extraordinary meeting held on Tuesday evening, the hydrocarbons regulator CNH gave the green light to the Anglo-French firm’s budget for the area during the year 2023. The company plans to drill and complete 10 wells and to carry out 15 major reconditionings during the year, indicated the gendarme. said.

Perenco forecasts a yield from the field 13% higher than initially forecast in its development plan, with production starting in 2024 around 16,000 bpd and ending the year above 30,000 bpd. For its part, gas production will increase from 15 million to 25 million cubic feet (Mcf) per day. In total, the extraction of 9.3 million barrels (Mb) of oil and 8.4Bf3 of gas is expected.

During the same session, the commission also authorized the state company Pemex to drill the Kante exploration well, in shallow waters off Tabasco. The company expects to find 24 Mb of oil equivalent from potential resources, with drilling due to begin on November 19.

Pemex was also granted permission to extend seismic data acquisition and processing in the Tampico Basin, off the state of Veracruz, by six months.

Meanwhile, Pantera Exploration and Production has announced that it will invest between $10.3 million and $25.8 million next year on its A4.BG contract in the state of Tamaulipasslightly lower than their previous projections.