Total Awarded Exploration Blocks Offshore Mexico

Graphic for News Item: Total Awarded Exploration Blocks Offshore Mexico

Total has been awarded exploration licenses on three blocks in offshore Mexico, following the country’s first competitive deep water bid round.

Total will be operator of Block 2 in the Perdido basin with a 50% interest, while Exxon Mobil has the remaining 50%. The block covers a surface area of 2,977 km2 at water depths ranging from 2,300 to 3,600 m.

In the Salina basin, Total has won a participating interest of 33.3%, alongside Statoil (33.4%) and BP (33.3%), in Blocks 1 (2,381 km²) and 3 (3,287 km²).

Source: www.worldoil.com

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