Mexico
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?
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.
Article
March 2021
Mexico’s situation brightens after giant oil find made
News
January 08, 2021
After a landslide victory in 2018, Mexico's president has cut the knees off a booming renewables market, plowed money into Pemex, and pursued two major infrastructure projects that environmentalists consider ecological disasters.
Article
October 2020
Dependable rotary steerable systems, tied to an effective drilling engineering process through digitalization and automation, are the foundation of a new era in directional drilling.
Article
March 2020
Mexico’s populist president continues his quest to upend energy reform
News
December 10, 2019
API joined more than 200 companies and associations covering a wide range of industries in the USMCA Coalition, which has been working to secure the agreement’s approval in Congress.
News
December 10, 2019
Even as Mexico’s president and Pemex’s CEO touted the country’s most important find in three decades, it appears to be far from a panacea for the beleaguered state driller.
News
November 26, 2019
Companies that help keep Mexico’s faltering oil wells operating are waiting months to get paid and the debts are building up, complicating efforts to revive an industry whose production has plunged by half since 2004.
News
November 18, 2019
The government of Andres Manuel Lopez Obrador is changing rules for clean-energy credits, allowing aging hydroelectric dams operated by Mexico’s state-owned utility to qualify. The move, critics say, dilutes the value of credits initially intended for new wind and solar farms.
News
November 12, 2019
Repsol SA is looking as far away as Western Canada for oil for its European refineries amid dwindling supplies from Mexico and Venezuela.
