PEMEX plugged and abandoned with oil and gas shows the Nantzin 1EXP new field wildcat (NFW) in the AE-0004 block on 20 June 2018.Â      The NFW reached a total depth (TD) of 5,142 m.Â    The NFW was spudded on 10 March 2018 after      receiving a permit from the CNH on 20 February 2018. Â        The      well had a proposed total depth (PTD) of 5,838 m.     The      Middle Cretaceous was the primary objective and the middle Miocene a      secondary objective.Â  Â     The      âCantarell IIâ J/U drilled the well in an estimated water depth of 70 m.  The      Nantzin prospect has estimated prospective resources of 218 MMboe.Â  The drilling cost for the well was      estimated to be USD 33.33 million at 1USD = 18.3 MXN and the completion      cost was estimated to be USD 11.42 million.Â  Â     This      NFW represents the first of four wells planned for the block after PEMEX      had its modified exploration plan approved on 10 October 2017.        The NFW      is located in the north eastern area of the block approximately 5.2 km      northwest of the Tecoalli 1001 drilled in the Area 1 (Tecoalli A&B)      enclave block by PEMEX in 2014 prior to the block award to ENI.      SENER granted the AE-0004-4M-Amoca-Yaxche-04 entitlement to Pemex 100% through Ronda 0 on 27 August 2014. The block covers an approximate area of 701.26 sq km.
Nantzin 1EXP (Pemex 100%) in the AE-0004. The Middle Cretaceous was the primary objective and the middle Miocene a secondary objective. P&A, oil and gas shows.