Drilling of the exploratory well is expected to start in June and be completed in July of this year.
Block VC01 is a partnership formed by Roma Energy, Tubular Technology, Suministros Marinos e Industriales de México and Golfo Suplemento Latino.
The National Hydrocarbons Commission (CNH) approved to the company Block VC 01 the exploration and appraisal plans for onshore block VC-01.
The block awarded during the third bidding of round two is located in the state of Veracruz, covering part of the municipalities of Cosomapa, Zentla, Soledad de Doblado and Camarón de Tejeda, belonging to the oil province of the Veracruz Basin.
The objective of the exploration plan presented by the operator is to evaluate prospective areas associated with the Guzmantla and Orizaba formations, through the drilling of the exploratory well A0.
Well B0-Del will be located north of the Plan de Oro field and will have a depth of 750 vertical meters, while Well B3_Del will be located northeast of the Tres Higueras field.
The evaluation plan includes exploratory studies, major and minor workovers, 3 production tests and the drilling of two delineation prospects.
The drilling of the exploratory well is expected to start in June and finish in July of this year. The operator expects to find prospective resources of 11.8 million barrels of heavy oil equivalent crude oil with a geological probability of 19%.