PEMEX plugged and abandoned dry the Cruver 1EXP new-field wildcat (NFW) in the AE-0028-2M-Cotaxtla-01 entitlement block in the onshore Veracruz Basin on 2 February 2019 according to official information reported by the CNH.Â      The NFW reached a final total      depth (TD) of 7,868 m. Â   The NFW was spudded on 30 March      2018.Â Â  Â     The      proposed total depth (PTD) of the well was 7,722 m and the fractured Middle and Lower Cretaceous Orizaba      Formation was the main objective.    The NFW is located      approximately 25 km south south-east of the Ixachi      1 discovery well.Â  This represents another deep      exploration well in the deeper Cretaceous trend discovered by PEMEX in      this area with the Ixachi 1.Â  PEMEX      was granted a permit to drill the well on 15 March 2018.    The NFW      had estimated prospective resources of 218 MMboe.Â  The drilling cost for the well was      estimated to be USD 28.69 million at 1USD = 18.3 MXN and the completion      cost is estimated to be USD 5.52 million.     SENER awarded the AE-0028-2M-Cotaxtla-01 entitlement block to Pemex 100% through Ronda 0 on 27 August 2014. The operator was granted a two year extension for the entitlement on 27 August 2017.Â  The block covers an approximate area of 466.41 sq km.
PEMEX plugged and abandoned dry the Cruver 1EXP new-field wildcat (NFW) in the AE-0028-2M-Cotaxtla-01 entitlement block in the onshore Veracruz Basin on 2 February 2019 according to official information reported by the CNH. 