Gas, Light Crude Found in Two Wells in Burgos and Tampico-Misantla Basins
Drilling Activity Details
Geo Coordinate
Drilling Activity Summary
Description
Jaguar EP announced that it found gas and light crude reserves in two of its wells in the Burgos and Tampico-Misantla basins. The discovery in the Dieciocho de Marzo Field in the Burgos Basin has estimated gas reserves of 30-50 Bcf. The second discovery, Spinini in block TM-01 in the Tampico-Misantla Basin, is a gas and light oil discovery with 160 Bcf of gas and 20-30 MMbbl of light crude. Mexico City-based Jaguar will process the data to characterize the area geology and begin planning to produce the resource.
Description
Jaguar EP announced that it found gas and light crude reserves in two of its wells in the Burgos and Tampico-Misantla basins. The discovery in the Dieciocho de Marzo Field in the Burgos Basin has estimated gas reserves of 30-50 Bcf. The second discovery, Spinini in block TM-01 in the Tampico-Misantla Basin, is a gas and light oil discovery with 160 Bcf of gas and 20-30 MMbbl of light crude. Mexico City-based Jaguar will process the data to characterize the area geology and begin planning to produce the resource.