Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
n the spring of 2001, Mexican President Vincente Fox stated that Mexico must increase its daily gas production to 10 Bcfd from 4 Bcfd by 2010, to become and remain self-sufficient in energy. To help address the country’s growing demand for gas, state oil company Pemex has announced it will offer "service contracts," whereby outside operators will assist Pemex with Mexico’s non-associated gas production.
Since Mexico privatized its petroleum industry in 1938, no outside operators have been allowed to produce the country’s vast energy resources. It appears that Pemex needs to rapidly expand its technological capabilities to effectively produce some of the more complex areas. The most effective means to accomplish this goal is to bring in outside operators with specific technical experience and success in certain geologic formations. Pemex has announced a licensing round for 2002, but the proposed service contracts are rather complex. In their present form, they may not be viewed to be as financially lucrative as necessary to attract the kind of interest that Mexico needs from its initial licensing round.
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
St. John's - August 20-20
Houston, TX - August 20-20
Houston, TX - August 20-22
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.