“Dzimpona”: Pemex discovered a huge deposit of 600 million barrels

The CEO of Mexican Oil (Pemex), Octavio Romero Oropeza, reported this Thursday having located the third giant field of Oil so far, this six-year term of the President of Mexico, Andrés Manuel López Obrador.

“For the third time, we are discovering a giant field per year. In the first year of administration the Ixachi field was added to Tierra Blanca, Veracruz, in the second year the field was discovered Quesqui with a reserve volume of at least 920 million barrels ”, Indian.

This oil field is located in the Ranch Acachapan and Colmena From the municipality of center in Tabasco.

The discovery well had been named Dzimpon–1, whose initial volume is estimated between 500 and 600 million barrels of oil, informed the director of Pemex during the ceremony of the 83 anniversary of the oil expropriation, which took place in Tabasco.

Dzimpona-1 is found very close to Valeriana and Racemosa, two other fields which together add between 900 and 1.2 billion barrels of crude oil, ”explained Romero Oropeza.

The Mexican president gave a preview of the announcement during his morning conference.

“Today is the 83rd anniversary of the oil expropriation, we will commemorate this historic date in Tabasco, in a field that has been discovered has a lot of potential”said of the National Palace

He assured that the newly discovered oil mantle has “Lots of oil, which is why we are going to make the trip today and continue the tour all weekend in the southeast”

According to the director of Pemex, the field could become an oil complex as more fields are explored in the region. To achieve, would be called “General Francisco J. Múgica”, a soldier who took part in the process of expropriation of oil and who was twice governor of Tabasco.

The other discoveries that could be integrated are Tiribish and Popte, he recalled that giant fields have not been incorporated for many years, the last one corresponded to Zaap in 1990.

In the first year of government, Romero Oropeza explained, 1,300,000 barrels of oil were added to the Ixachi field in Tierra Blanca, Veracruz..

In the second year of government, the Quesqui field was discovered with a reserve volume of at least 920 million barrels.

Romero Oropeza also reported that from this year the federal government will absorb the amortization payments of the public enterprise’s growing debt.

These commitments will amount to more than $ 6,000 million in 2021, Romero said, as part of an event commemorating the oil expropriation, in which the discovery of a field containing between 500 and 600 million barrels of crude oil equivalent was announced (bpce).

“The President of the Republic offered the rescue campaign in Pemex and with actions he shows it, ”said Romero, next to the president, Andrés Manuel López Obrador.

Pemex’s debt stood at $ 113.2 billion at the end of the fourth quarter, according to data from the company, which has been unable to reduce it despite several injections of capital from the government to improve its fragile finances.

For its part, López Obrador assured, without giving further details, that the Ministry of Finance will continue to reduce taxes on Pemex and added that during his government, which ends at the end of 2024, no more than 2.0 million barrels per day (bpd) of gross will be extracted.

Pemex’s pumping is currently around 1.7 million bpd.

SAFE READING: