World of Oil ///

The Mexican energy ministry opened a 60-day public consultation period for a bill to establish seismic exploration specifications. According to the official news agency, the bill prescribes requirements with which state firm Pemex would have to comply during the planning, design, execution and abandonment of such activities. The law would define the maximum allowable vibration amplitudes to achieve oil and gas exploration objectives without damaging existing infrastructure in a given area. This bill would apply to onshore and offshore activity that uses vibrators, explosives and pneumatic pistons as seismic energy sources. CNOOC begins output at smallest offshore field China National Offshore Oil Corp. said that it has begun output from the Bozhong 34-5 field, China’s smallest offshore oil field. This field is notable, because the recoverable reserve is estimated at only 1.8 million cubic meters (12.6 million bbl).

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