Deutsche Erdoel Mexico, the subsidiary of the German E&P company DEA Deutsche Erdoel AG, and its partners have signed the contracts for the offshore blocks 16, 17 and 30. The contracts were awarded by the National Hydrocarbons Commission CNH (Comisión Nacional de Hidrocarburos) in Mexico’s shallow water bid round 3.1 in March 2018. In all three blocks, Deutsche Erdoel Mexico is the operator.

“Mexico has become a key country in DEA’s global portfolio. We are very delighted to now start the exploration work as operator of these blocks, together with our partners,” says Juan Manuel Delgado, President of Deutsche Erdoel Mexico. “The three blocks give us access to highly prolific basins and represent promising opportunities. Now, a phase of thorough and intensive preparation begins. As a first step, we will compile detailed exploration work programs for the blocks,” Delgado explains.

For Block 16 and 17, geological and geophysical studies are planned, while in Block 30 the acquisition of a 3D seismic is intended, followed by the drilling of two exploration wells.

About DEA

DEA Deutsche Erdoel AG is an international operator in the field of exploration and production of crude oil and natural gas based in Hamburg. Its focus is on safe, sustainable and environmental conscious exploitation of oil and gas. DEA has 119 years of experience working along the whole upstream value-chain as operator or project partner. With a staff force of 1,150 employees DEA has shares in production facilities and concessions in, among others, Germany, Norway, Denmark, Egypt, Algeria and Mexico.