PEMEX junked and abandoned the Ixachi 1001EXP directional new-pool wildcat (NPW) in the AE-0032-2M-Joachin-02 entitlement block in the onshore Veracruz Basin in October 2019 according to the CNH. The well was previously thought to be completed as a gas condensate producer in February 2019.  On 27 November 2018, PEMEX issued a press release indicating that the Ixachi 1001EXP directional new-pool wildcat (NPW) was a new-pool gas and condensate discovery. PEMEX further stated that with this well, and the Ixachi 1DEL, extends the field area to 50 sq km with 1,000 m of pay section.As a result of these two wells, reserves for the field are now estimated to be 1 Bboe. PEMEX has been conducting an extended well test (EWT) of the Ixachi 1 gas and condensate discovery since April 2018.The Ixachi 1 discovery well has produced an average of 8.67 MMcfg/d and 1,178 bc/d for the seven months it has been tested.    The NPW reached a final total depth of 7,874 m in mid-November.        The      NPW was spudded on 16 June 2018.     The      proposed total depth (PTD) of the well was 7,874 m and the Middle      and Lower Cretaceous Orizaba Formation was the main objective.     PEMEX was      granted a permit to drill the well on 27 April 2018.    The NPW      represents a north westerly step-out of the November 2017 Ixachi 1 gas and      condensate discovery and is assumed to be a separate structure.     It is located      approximately 1.9 km north-west of the Ixachi 1 gas and condensate      discovery well.     PEMEX assigned 149 MMboe as      prospective resource for the NPW.     The drilling      cost estimate was reported to be USD 27.19 million at an exchange rate of      1USD = 18.5 MXN and the completion cost is USD 5.62 million.    SENER      awarded the AE-0032-2M-Joachin-02 block      entitlement 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.The      block covers an approximate area of 976.40 sq km.           On 15 March 2018, the CNH granted approval for the discovery evaluation plan submitted by operator PEMEX for the Ixachi 1 new-field wildcat (NFW) gas and condensate discovery in the AE-0032-2M-Joachin-02 entitlement block in the onshore Veracruz Basin on 5 November 2017.The evaluation plan also includes the southerly adjoining AE-0028-2M-Cotaxtla-01 entitlement.The evaluation plan includes the firm commitments of drilling one outpost well the Ixachi 1DEL, and an extended well test (EWT).The drilling of the outpost and the EWT will commence by April 2018.The EWT will conclude in September 2018.A contingent commitment is the drilling of the Ixachi 2DEL outpost well that would spud in August or September 2018.Additional information was reported regarding the reservoir properties and the production tests conducted on the discovery well.The Ixachi mapped structure covers an approximate area of 56 sq km.The Ixachi 1DEL will be located approximately 4.4 km south-east of the Ixachi 1 discovery well.The Ixachi 2DEL will be located approximately 5.2 km south-east of the Ixachi 1DEL outpost well.PEMEX tested two intervals in the discovery well, the first from 6,560 m to 6,620 m and the second zone from 6,854 m to 6,904 m.Both zones were stimulated with acid fracture treatments which resulted in three-fold productivity gains from the production tests with only perforations.The highest production was reported for the upper zone and this was 29.93 MMcfg/d and 3,269.30 bc/d 40.3Â° API after acid-frac through a 32/64â choke. The Ixachi 1 is a high temperature, high pressure reservoir with reservoir temperature reported to be 161Â° C and bottom hole pressure (BHP) is 17,102 psi with a shut-in tubing pressure (SITP) of 12,780 psi.There is 1.35% CO2 and 0.033% H2S in the reservoir fluids.No details regarding porosity and perm was reported but they were reported to be variable, due to the various reefal facies encountered in the reservoir section.     On 26 February 2018, PEMEX reported with its 4th quarter 2017 results that the well tested 28.9 MMcfg/d and 3,269 bc/d.It also reported that it will incorporate 3P reserves in 2017 of 366.3 MMboe attributed to the discovery.In early-February 2018, the CNH published some information on the NFW.The CNH reported the well reached a final total depth (TD) of 7,700 m and that the productive zone is at 6,854 m to 6,904 m, in the objective Lower Cretaceous Orizaba Formation.On 3 November 2017, PEMEX issued a press release indicating the well has estimated in place resources of 1.5 Bboe with recoverable reserves estimated to be potentially in the 350 MMboe range.The NFW was spudded on 25 January 2017 after receiving approval from the CNH on 20 September 2016.The well had a proposed total depth (PTD) of 7,728 m. The Middle and Lower Cretaceous Formation, Orizaba Formation, were the main objectives.The well represents a significant Cretaceous test that represents the deepest well ever drilled in the Veracruz Basin and is a new play-opener in this area of the Veracruz Basin.
PEMEX junked and abandoned the Ixachi 1001EXP directional new-pool wildcat (NPW) in the AE-0032-2M-Joachin-02 entitlement block in the onshore Veracruz Basin in October 2019 according to the CNH. The well was previously thought to be completed as a gas condensate producer in February 2019. On 27 November 2018, PEMEX issued a press release indicating that the Ixachi 1001EXP directional new-pool wildcat (NPW) was a new-pool gas and condensate discovery. PEMEX further stated that with this well, and the Ixachi 1DEL, extends the field area to 50 sq km with 1,000 m of pay section.As a result of these two wells, reserves for the field are now estimated to be 1 Bboe. 