Lakach Deepwater Gas Field Development
Sector: Oil and Gas • Location: Veracruz, Mexico
Source: Discovery Alert
The Lakach project is a deepwater gas field development located approximately 65 km offshore in the Gulf of Mexico at a water depth of roughly 900 meters. The project involves subsea wellheads, flexible risers, umbilicals, and either a floating production unit or a long-distance pipeline to shore infrastructure. The field holds estimated recoverable gas reserves of approximately 847.9 billion cubi
- Status
- Closed
- Sector
- Oil and Gas, Water Supply and Storage
- Location
- Veracruz, Mexico
- Updated
- 22 Jul 2026
- Source
- Discovery Alert
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Project Information
Participants
| Not available for this record. |
Status
Original status | cancelled |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Lakach project is a deepwater gas field development located approximately 65 km offshore in the Gulf of Mexico at a water depth of roughly 900 meters. The project involves subsea wellheads, flexible risers, umbilicals, and either a floating production unit or a long-distance pipeline to shore infrastructure. The field holds estimated recoverable gas reserves of approximately 847.9 billion cubic feet with associated condensate liquids exceeding 3.5 million barrels. Grupo Carso signed a service contract with PEMEX in July 2024 to develop the field with a structured investment program of US$1.88 billion, but no capital was deployed and no physical operations commenced. Grupo Carso exited the project in May 2026 citing economic and technical challenges. |
Original sector | Energy |
Budget |
Location
Country | Mexico |
City | Veracruz |
Source
Source | Discovery Alert |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Water Supply and Storage |
Article published date | 2026-06-01 |
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