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Renaissance Oil Corp. RNSFF

Renaissance Oil Corp is engaged in the acquisition, development, and production of oil and natural gas in Mexico. The group's properties include Mundo Nuevo, Topen, Malva, and Ponton.


GREY:RNSFF - Post by User

Comment by hydrocarbsson Nov 27, 2018 9:54pm
114 Views
Post# 29031050

RE:RE:Chincontepec Update.

RE:RE:Chincontepec Update.The specific area in this contract is Miquelta. Then, in 2012, Pemex's E&P unit, PEP, held a third round of incentive-based contracts that offered blocks in the Chicontepec area. Six blocks were put up for auction: Pitepec, Soledad, Amatitln, Miquetla, Humapa and Miahuapan. While Pitepec did not attract any bids, the remaining five were awarded to both national and foreign operators: Operadora de Campos DWF, Halliburton, Baker Hughes, Vitol Energy, and GPA Energy. To date, Corralillo, Tajn, and Presidente Alemn are Chicontepec's top three oil-producing fields, while the main gas-producing fields are Corallillo, Agua Fra, and Tajn. Weatherford was in charge of boosting output at Presidente Alemn through its field laboratory. There are 3,291 wells in the area, of which 2,060 are producing. Total production averaged 45,000b/d by the end of 2014. According to Sener, Round One's Chicontepec blocks should be put up for auction in late 2015.
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