January 2022, Vol. 249, No. 1

Features

Mega-Field of Zama Draws Big Investment in Mexico

By Mauro Nogarin, Contributing Editor   Although Pemex has yet to present a development plan for the Zama oil field, exploration company Talos Energy (Talos) recently said its value, regardless of operator and equity splits, will be in “multiples of invested capital to date.”   With a likely production of 150,000 bpd, the most convenient, long-term solution from an economic point of view would be to transport the crude ashore to the nearest refinery. In this case, the 350,000-bpd Dos Bocas facility in Tabasco, Mexico, is under construction, sources said.    This would require a 44-mile (70-km) subsea pipeline in the Southeast Basin of the Gulf of Mexico.   The Zama oil field, which was d

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