Thai energy company PTTEP has announced that its JV has made two deep-water oil discoveries in the Salina basin, offshore Mexico. The Mexican subsidiary of PTTEP, Thailand’s largest oil and gas producer, and three partners including the Mexican subsidiary of Spain’s Repsol SA, will assess the commercial potential of the new discovery in two exploration wells in Block 29. Together with its JV partners, PTTEP will work on obtaining approval from the Mexican regulators and preparing an appraisal as well as further development plans. The two wells, Polok-1 and Chinwol-1, are around 88 km from the Mexican coastline of Tabasco and have approximately 200 metres and 150 metres of net oil pay respectively.
