February 2015
Special Focus
Mexico aims to increase output
According to Mexico’s National Commission on Hydrocarbons (CNH), of the 21 exploratory wells drilled in Mexico during the first three quarters of 2014, only seven had commercially viable oil or gas production. CNH also said that state firm Pemex originally had intended to drill 53 exploratory wells, and was not only far behind in its drilling schedule, but also experiencing a very low success rate.
