Mexico City — German company Wintershall Dea has announced a 200-million-barrel oil discovery in the Kan oilfield in the Gulf of Mexico, located in Block 30 of the Salina basin.
Kan is one of two wells in block 30, located 25 kilometers off the coast of the Mexican state of Tabasco.
“Following the recent filing of the Unit Development Plan for the Zama field and the acquisition of a material interest in the producing Hokchi field, the discovery in Block 30 is the next major milestone for Wintershall Dea in Mexico,” said the company’s Mexico director Martin Jungbluth.
The discovery follows another 200-million-barrel find by Italy’s ENI in March.
As operator, Wintershall Dea holds a 40% stake in Block 30, with Harbour Energy and Sapura OMV holding the remaining 30% each.
One of Wintershall Dea’s stakeholders is Russian, Mikhail Fridman, who has a fortune of $12 billion according to the Bloomberg Billionaires Index. He has a stake of just over 30% in the oil and gas company, held in the LetterOne fund.
Germany’s BASF is the other partner in Wintershall Dea.