Lakach Oil and Gas Field (Federal Offshore, Mexico)

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Lakach Oil and Gas Field is an in development oil and gas field in Federal Offshore, Mexico.

Along with Lalail Oil and Gas Field (Mexico), Lakach Oil and Gas Field is a part of the Lakach complex.

Project Details

Main Data

Table 1: Field-level project details for Lakach Oil and Gas Field

1Final Investment Decision
Unit name Status Operator Owner Discovery year FID1 year Production start year Production type
Lakach In development[1][2] Grupo Carso[1] Grupo Carso (100.0%)[3] 2006[4] 2022[5][6] 2026 (expected)[7] Conventional[8]

Production and Reserves

Table 2: Reserves of Lakach Oil and Gas Field

million m³ = million cubic meters
million bbl = million barrels of oil
Fuel description Reserves classification Quantity Units Data year Source
condensate 2P reserves 3.24 million bbl 2023 [9]
condensate 2p reserves 3.24 million bbl 2024 [10]
crude oil 2P reserves 0 million bbl 2023 [9]
gas original volume in place 31149 million m³ [not stated] [11]
gas 2P reserves 24009.63 million m³ 2023 [9]
gas 2p reserves 24009.53 million m³ 2024 [10]
oil 2p reserves 0 million bbl 2024 [10]

Location

Table 3: Field-level location details for Lakach Oil and Gas Field

Basin Location Onshore/Offshore Coordinates (WGS 84)
Golfo de Mexico Profundo Federal Offshore, Mexico[9] Offshore[12] 19.0517, -95.266 (exact)[9]

The map below shows the exact location of the field(s) within the Lakach complex:

Loading map...

Background

In 2022, New Energy Fortress (NEF) and Pemex finalized an agreement "to complete the development of the Lakach deepwater natural gas field, one of the largest non-associated gas fields in the Gulf of Mexico."[13] OffshoreTechnology reported that "Final investment decision (FID) of the project was approved in 2022."[14] But, in November of 2023, the project was "scrapped" by NEF and Pemex[15] "because the parties could not come to an agreement on terms including pricing."[16] The project had previously been shelved due to cost concerns. Reserve estimates have also been questioned.[16]

However, in early 2024, PEMEX and "billionaire investor Carlos Slim’s team [were] discussing ways to revive development of the Lakach field development project in the deepwater Gulf of Mexico."[16]

Articles and Resources

Additional Data

To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.

References

  1. 1.0 1.1 Comisión Nacional de Hidrocarburos (45047). "Descarga de información general, según ubicación". https://campos.hidrocarburos.gob.mx/AGUAS%20PROFUNDAS-BNCP.xlsx; https://campos.hidrocarburos.gob.mx/AGUAS%20SOMERAS-BNCP.xlsx; https://campos.hidrocarburos.gob.mx/BURGOS-BNCP.xlsx; https://campos.hidrocarburos.gob.mx/CUENCAS%20DEL%20SURESTE-BNCP.xlsx; https://campos.hidrocarburos.gob.mx/TAMPICO-MISANTLA-BNCP.xlsx; https://campos.hidrocarburos.gob.mx/VERACRUZ-BNCP.xlsx. https://web.archive.org/web/20230707143149/https://campos.hidrocarburos.gob.mx/AGUAS%20SOMERAS-BNCP.xlsx; https://web.archive.org/web/20230707143239/https://campos.hidrocarburos.gob.mx/BURGOS-BNCP.xlsx; https://web.archive.org/web/20230707143358/https://campos.hidrocarburos.gob.mx/CUENCAS%20DEL%20SURESTE-BNCP.xlsx; https://web.archive.org/web/20230707143412/https://campos.hidrocarburos.gob.mx/TAMPICO-MISANTLA-BNCP.xlsx; https://web.archive.org/web/20230707143626/https://campos.hidrocarburos.gob.mx/VERACRUZ-BNCP.xlsx Archived from the original on July 7, 2023. Retrieved July 7, 2023. {{cite web}}: Check |archive-url= value (help); Check date values in: |date= (help); External link in |website= (help)
  2. https://web.archive.org/web/20240716152956/https://www.offshore-mag.com/regional-reports/latin-america/article/55019622/report-pemex-to-hand-over-control-of-lakach-project-to-grupo-carso. Archived from the original on 16 July 2024. {{cite web}}: Missing or empty |title= (help)
  3. https://web.archive.org/web/20221209021545/http://www.offshore-technology.com/projects/lakach-deepwater-project/. Archived from the original on 09 December 2022. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  4. (PDF) https://web.archive.org/web/20210626040549/https://www.pemex.com/en/investors/publications/Reservas%20de%20Hidrocarburos%20Archivos/Reservas%202006_i_%20070327.pdf. Archived from the original (PDF) on 26 June 2021. {{cite web}}: Missing or empty |title= (help)
  5. https://web.archive.org/web/20221125012311/https://www.businesswire.com/news/home/20221122005207/en/NFE-Finalizes-Agreements-with-Pemex-to-Complete-Lakach-Offshore-Gas-Field-Deploy-FLNG-Solution. Archived from the original on 25 November 2022. {{cite web}}: Missing or empty |title= (help)
  6. https://web.archive.org/web/20240424004041/https://www.offshore-technology.com/data-insights/oil-gas-field-profile-lakach-conventional-gas-field-mexico/. Archived from the original on 24 April 2024. {{cite web}}: Missing or empty |title= (help)
  7. https://web.archive.org/web/20240717162920/https://naturalgasintel.com/news/billionaire-slims-grupo-carso-to-develop-lakach-deepwater-natural-gas-field-with-pemex/. Archived from the original on 17 July 2024. {{cite web}}: Missing or empty |title= (help)
  8. https://web.archive.org/web/20230201184448/https://www.nsenergybusiness.com/projects/lakach-offshore-gas-field/. Archived from the original on 01 February 2023. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  9. 9.0 9.1 9.2 9.3 9.4 Comision Nacional de Hidrocarburos (44927). "Nacional de Información de Hidrocarburos Mapa". Portal CNIH. Archived from the original on June 2, 2021. Retrieved 45109. {{cite web}}: Check date values in: |access-date= and |date= (help)
  10. 10.0 10.1 10.2 Sistema de Informacion de Hidrocarburos (2024). "Reserves per oil field". Comision Nacional de Hidrocarburos. Archived from the original on July 9, 2024. Retrieved July 9, 2024.
  11. https://web.archive.org/web/20230327231208/https://lngprime.com/americas/nfe-inks-deals-to-install-floating-lng-producers-off-mexico/56280/. Archived from the original on 27 March 2023. {{cite web}}: Missing or empty |title= (help)
  12. Natural Earth. 45078 https://www.naturalearthdata.com/downloads/10m-physical-vectors/10m-ocean/. Archived from the original on June 29, 2023. Retrieved June 29, 2023. {{cite web}}: Check date values in: |date= (help); Missing or empty |title= (help)
  13. "NFE Finalizes Agreements with Pemex to Complete Lakach Offshore Gas Field, Deploy FLNG Solution | New Fortress Energy". New Fortress Energy. Retrieved 2024-04-22.
  14. kgi-admin (2023-04-21). "Oil & gas field profile: Lakach Conventional Gas Field, Mexico". Offshore Technology. Retrieved 2024-04-22.
  15. Eschenbacher, Stefani (November 7, 2023). "Exclusive: Mexico's Pemex, New Fortress Energy scrap deepwater gas project -sources". Reuters. Retrieved April 23, 2024.{{cite web}}: CS1 maint: url-status (link)
  16. 16.0 16.1 16.2 "Report: Pemex looks to revive stalled Lakach project". Offshore. 2024-03-11. Retrieved 2024-04-22.