Fieldwood Energy LLC expects to produce 30,000 b / d of light oil in two offshore Mexican fields by the end of the year, Mexican General Manager Andres Bragman told NGI. Mexico GPI.
“Production of Pokoch and Ichalkil platforms should begin in September… We expect the project to reach 100,000 b / d in the future and become one of Mexico’s largest manufacturing facilities.
Bregman also predicts high natural gas production in the field.
“By the end of 2021, we expect to produce 55 MMcf / d of natural gas and reach a maximum of 130 MMcf / d by 2023,” he said. This product should have a positive impact on gas supply in southeastern Mexico.
Bregman has served as Fieldwood Energy Country Manager for Mexico since 2015, when he acquired the right to develop coastal oil and gas in the country following the opening of the sector for private investment. Prior to leading Fieldwood Mexico, Brookman was QRI Country Manager for 2012-2015 Artificial Intelligence Solutions, and from 2004-2012 at Petroleumios Mexico (Pemix), and from 2010 he served as head of finance and procurement for one of his business units. -2012 and in the 2006-2010 Investment Relationship.
Bragman holds a Master of Business Administration and Finance from the iPad School of Business in Mexico City. He holds a bachelor’s degree in chemical engineering from the University of Nacional Autonomous de Mexico (UNAM).
Editor’s note – NGI’s Mexican Gas Price Index, Mexico’s Natural Gas Market Improvement Leader, presents the following Q&A series in a series of regular interviews with experts in the Mexican Natural Gas Market. Brugman is the 62nd professional to participate in the series.
NGI: Fieldwood announces launch of commercial oil production in Ichal and Pokémon this month. When does production start?
Bragman: Production of Pokoch and Ichalkil platforms should begin in September. Before we start production of Environment 4, we are completing two projects: renovating the Tuntu-A platform, repairing the Tumut-Chuck pipeline where we can identify and measure the product and understand Pumux.
NGI: Will Fieldwood Protect Any Natural Gas Production in Icacal and Pokémon Fields?
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Bragman: In fact, we expect to produce 55 MMcf / d by the end of 2021 and maintain a maximum of 130 MMcf / d by 2023. This product should have a positive impact on gas supply in southeastern Mexico.
NGI: What are the comparative advantages and disadvantages of working as a private exploration and production company (E and P) in Mexican waters?
Brookman: For us, one of the most important benefits is the transparency with which we manage our work. This includes significant government oversight of the development of our project in our reports to the authorities, such as the Ministry of Energy Sener, the Mexican Energy and Environmental Safety Agency. ASEA and the Superintendent’s Commission Nacional de Hidcarburos (CNH).
NGIHow does Mexico compare to other drafts in terms of cost and emissions in shallow waters?
Bragman: The Ichalkil and Pokoch project is a very convenient project in terms of exploration and development costs. The hydrocarbon recovery stockpile, combined with the high productivity of the wells, makes this a very competitive project and very low emissions compared to conventional and conventional developments off the coast.
In addition, during the first 20 years of our existence, we have invested heavily in new technologies, including those related to methane, which is more than 80 times the amount of carbon dioxide that can be heated.
Finally, in addition to complying with air emissions and air quality regulations in Mexico, we have adopted International Finance Corporation standards and Ecuadorian principles to improve the evaluation, monitoring, and reporting of emissions.
NGI: How has the relationship between Fieldwood and the Mexican government improved under the current administration?
Bragman: There are 14 regulatory bodies in Mexico that control oil and gas sharing contracts. CNH, ASEA and the Tax Administration Service (SAT) are our main contacts. We have always had good communication and support under the current administration. However, as the project is one of the first beaches in the country and the first international development for Fieldwood, we are facing challenges in the re-industry with new rules that need to be challenged.
NGI: What will the E&P market look like for private companies in Mexico over the next five years?
Bragman: I have a bright future for the E&P industry, as Mexico has great geological potential and will benefit greatly from new technologies and international experience from new operators.