PEMEX completed as an oil and gas discovery the Quesqui 1EXP new-field wildcat (NFW) in the AE-0053-3M-Mezcalapa-03 entitlement block during mid-May 2019.Â  The well reportedly tested approximately 800 bo/d and large volumes of natural gas from the HPHT reservoir.    The      NFW was spudded on 22 July 2018 and reached a final total depth (TD) of      7,047 m in May 2019.        The      well had a proposed total depth (PTD) of 7,526 m and the primary targets      were the Cretaceous and Jurassic formations.  The      NFW will attempt to extend the successful deeper Jurassic plays in the      area like Bricol, Chinchorro, Palangre, Pareto, and the most recent      discovery Chocol in March 2017. Â     The      drilling cost estimate was reported to be USD 24.81 million at an exchange      rate of 1USD = 18.5 MXN and the completion cost is USD 5.24 million.Â  Â        The      NFW has prospective resources of 63 MMboe.Â       The prospect is located in the north-western area of the block,      approximately 7.8 km northwest of the A-0168-M-Campo Jujo-Tecominoacan.    The      operator was granted a permit to drill the well by the CNH on 22 June      2018.     SENER      awarded the AE-0053-3M-Mezcalapa-03 entitlement block to Pemex 100%      through Ronda 0 on 27 August 2014. The entitlement has been modified three      times, the latest was 13 September 2018 whereby the area of the block was      reduced from 849 to 830 sq km.
Quesqui 1EXP (Pemex 100%) in NW part of AE-0053-2M-Mezcalapa-03 block, onshore in Tabasco, compl o&g at TD=7 047m mid-May â19 after testing ab. 800 bo/d + gas from an HPHT reservoir. Targets Cret. (npw) + Jurassic (dpw).