The expected production of the field will arrive in the period that had already been considered by the analysts, which placed the first production of the asset between 2026 and 2027. Zama is positioned as one of the fields that could maintain the production of the state-owned Pemex for the next few years, since the company does not have large oil discoveries in its portfolio that can supply its largest fields, which are now in decline. .
Work on the asset was slowed down by the internal dispute between the project partners to determine who would take ownership of the operation.
“This is not just any project,” said the president commissioner of the regulator, the National Hydrocarbons Commission (CNH), Agustín Lastra, during the session in which the development plan sent by Pemex was approved just in March. “It’s a very prominent and very important project,” he added.
Pemex and the consortium involving Talos, Wintershall Dea and Harbor Energy share the shallow water oil field with some 850 million barrels of crude oil equivalent.
Pemex has a majority share, with 50.43%. Talos Energy kept 17.35% and the Scottish Harbor Energy -formed in 2021 after the merger of premier oil and Chrysaor– 12.39%.
Talos recently announced that it had decided to sell 49.9% of the shares of its subsidiary in the country to the Mexican giant carso group, controlled by tycoon Carlos Slim.
With information from Reuters and Diana Nava