Grupo R Perforación, S.A. de C.V. (GRP) began drilling in the Hokchi field in April 2020 with the lease of the Cantarell III self-elevating platform, plus logistics and port services.
With the Cantarell III platform, the Hokchi-4DEL (producer) and Hokchi-5DEL (injector) wells were repaired. During the execution of these works, Cantarell III operated with an average efficiency of 96% and the works were carried out in less time than scheduled.
Due to changes in global oil and gas market conditions, on June 1, 2020, Hokchi Energy decided to notify GRP of Early Termination for Convenience in accordance with the aforementioned contract.
Grupo R wishes Hokchi Energy the greatest success in redefining the scope of its project and investments, and we reaffirm our availability and commitment to continue supporting them in the future.
Source: Grupo R
