Mulach

Location

The Mulach conventional oil field is located in Mexico, specifically in the shallow waters of the Gulf of Mexico. It is situated within block AE-0006-Amoca-Yaxche-04.

Water Depth

The field is in shallow water with a depth of approximately 69 feet.

Ownership and Operation

The Mulach oil field is owned and operated by Petroleos Mexicanos (PEMEX), which is Mexico's state-owned integrated oil and gas company. PEMEX is responsible for the entire value chain of the oil and gas industry, including exploration, production, processing, logistics, and marketing.

Production Details

• Recovery Rate: As of the latest data, the Mulach conventional oil field has recovered 37.92% of its total recoverable reserves.
• Peak Production: Peak production from the field is expected in 2024.
• Production Duration: Based on economic assumptions, production from the field is expected to continue until it reaches its economic limit in 2047.
• Contribution to National Output: The field currently accounts for approximately 1% of Mexico’s daily oil output.

Field Characteristics

• Block Details: The field is located within block AE-0006-Amoca-Yaxche-04, which is part of PEMEX's operational areas in the Gulf of Mexico.

Operator Overview

Petroleos Mexicanos (PEMEX) is a state-owned company that operates across the entire oil and gas value chain. This includes exploration and production, refining, petrochemical production, logistics, and marketing. PEMEX also owns and operates various infrastructure such as oil refineries, petrochemical and gas processing complexes, terminals, pipelines, and a fleet of maritime and road transportation vehicles. The company sells petroleum products domestically and exports crude oil, natural gas, and petrochemical products internationally.

Economic and Production Projections

The field's production is expected to continue until 2047, with peak production anticipated in 2024. This suggests a well-planned production strategy to maximize the recovery of the field's reserves over the next few decades.

In summary, the Mulach Conventional Oil Field is a significant oil production asset for Mexico, operated by PEMEX, with ongoing production and a projected lifespan until 2047.