Mexico

News
September 08, 2023
The latest drilling campaign entailed the drilling of six new wells, including three producing wells and three wells dedicated to water injection, as part of a secondary recovery project.

News
July 21, 2023
The contracts include the design, engineering and manufacturing of hose and steel tube flying leads, and electrical and hydraulic distribution manifolds for various locations in the Gulf of Mexico, all of which is scheduled to be delivered by early 2024.

News
July 18, 2023
The spill was about 400 square kilometers (154 square miles) earlier this month and may have grown to about two-thirds the size of Mexico City.

News
June 20, 2023
The project will target the development of an estimated 479 MMboe. The subsurface has been extensively appraised, with six well penetrations undertaken across the field, informing Woodside’s understanding of this large, high-quality conventional oil field.

News
May 30, 2023
Talos President and Chief Executive Officer Timothy S. Duncan commented, “As we accelerate recent momentum and advance Zama toward FID and first production, we are confident that Carso is the right partner at the right time.

News
April 25, 2023
Based on preliminary estimates the discovery may contain 200 to 300 MMboe in place.

News
March 17, 2023
Yatzil-1 EXP is the second commitment well of Block 7 and the eight successful one drilled by Eni in the Sureste Basin. It is located approximately 65 km off the coast, and 25-30 km away from other oil discoveries.

News
February 07, 2023
Block 29 is located in the Salina Basin offshore in the Gulf of Mexico, approximately 88 km from the state of Tabasco. It covers an area of 3,254 km2. The study will involve two fields, which are 16 km apart at water depths ranging from 460 to 600 m.

News
January 04, 2023
Expected combined gross production rates are in-line with pre-drill estimates of approximately 15-20 Mboed. The two wells will produce through a shared riser system at the Ram Powell facility.

Article
October 2022
This first article of a three-part series introduces the basis and results of 30-year lifecycle operation simulations performed to compare a subsea (wet tree) hub and spoke scheme to a dry tree phased approach using Frontier’s concepts to develop major discoveries in the ultra-deep high-pressure Gulf of Mexico.

News
August 15, 2022
Although natural gas exports from Mexico are today non-existent, seeing as it produces too little of the power-plant fuel to supply its own domestic needs, the country’s proximity to booming U.S. reserves positions it well to supply American gas to hungry buyers in Europe and Asia.

News
July 20, 2022
The U.S. said Mexico’s nationalist energy policies violate North America’s free-trade deal and has requested dispute-settlement talks under the agreement.

News
June 06, 2022
TDI-Brooks has completed six geotechnical coring programs in the Gulf of Mexico for numerous operators from its research vessel the RV Gyre, the company announced on Monday.

News
April 21, 2022
Mexico’s state-owned oil giant Petroleos Mexicanos will resume paying its debt maturities this year, ending a government policy of covering its amortizations to help the beleaguered driller shore up its finances, according to a Finance Ministry official.

News
February 09, 2022
The top executive at Mexico’s Pemex says a growing volume of business with a U.S. oilfield-services provider at the heart of an alleged scandal involving the president’s son is simply due to rising production.
Article
January 2022
Underinvestment—a good strategy?
News
December 28, 2021
Mexico plans to end crude oil exports in 2023 as part of a strategy by the nationalist government of Andres Manuel Lopez Obrador to reach self-sufficiency in the domestic fuels market.
News
December 13, 2021
Mexico could slash Pemex’s taxes further as the world’s most indebted oil company scrambles to reverse long-term oil production declines.
News
December 10, 2021
Pemex is said to be planning to trim its crude oil exports next year as it cranks up domestic fuelmaking to supply an economy bouncing back from the pandemic.

Article
November 2021
With the backlog of idle offshore platforms steadily increasing, the industry needs to optimize procedures and operational strategies to reduce costs while improving overall HSE during and after decommissioning.
News
December 02, 2021
Petroleos Mexicanos is replacing its finance chief as President Andres Manuel Lopez Obrador tightens his grip on the struggling state oil giant.