The NOC spoke about the investments it made in some of its areas during 2019, where the firm did not meet 100% of its commitments.
Pemex got the green light from the National Hydrocarbons Commission (CNH) to invest in two wells off the coast of Tabasco.
Pemex canceled a contract with Grupo R, that allowed it to use the Muralla IV platform until March 2020, to search for oil in the deep waters of the Gulf of Mexico.
The NOC continues to show delays in the development plans of the so called priority fields.
The National Hydrocarbons Commission (CNH) approved the development of eight E&P plans for Pemex assignments, during its 7th extraordinary session.
During 2019, Pemex and companies managed to reactivate the drilling and completion of wells with a historical success rate of 60%, the National Hydrocarbons Commission (CNH) said.
The National Hydrocarbons Commission (CNH) approved Pemex exploration plans for six oil fields.
The NOC will seek to establish a Unification Agreement with America’s Talos Energy.
The government of Andres Manuel Lopez Obrador (AMLO) continues to be optimistic about Pemex’s behavior in coming years, as a result of the firm’s new exploratory plan.
Pemex plans to achieve a peak production in the Quesqui field by 2021. Analysts spoke about the risks of accelerating the development of this area.
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