US independent Fieldwood Energy is planning to develop Mexico's Ichalkil field in the shallow waters of the Gulf of Mexico.

“We’ve completed our appraisal plan with very, very good results. We have notified (Mexico’s National Hydrocarbons Commission) CNH we are going to enter the development phase of that plan,” chief executive Matt McCarroll told Upstream.

“We will be filing that development plan with the CNH in the coming months.”