Project Profile
Location: Southwest of the city of Villahermosa, Tabasco, Chiapas state
Value: Undisclosed
Discovery: 2003
Average production: 237 bpd of light oil and 0.9 MMcf/d
Area: 21.2km2
The Malva block is located 61km southwest of the city of Villahermosa, Tabasco with an areal extent of 21.2km2. The Malva field, an upper Cretaceous limestone reservoir, was discovered in 2003. PEMEX developed this field through the drilling of four wells, reaching peak production of over 2,000 bpd of light crude oil, in the late 2000s. This field’s average production for Q2 2017 was approximately 237 bpd of light oil and 0.9 MMcf/d, with an average reservoir depth of 2,680 meters. The Malva field is delineated with 3D seismic data. Renaissance used high tech seismic technology and advanced structural interpretation to identify a number of untested potential hydrocarbon amplitudes, new well locations and field optimisation opportunities in the existing producing area.
Operator:
Renaissance Oil: 100% interest