The operational and financial crisis of Pemex has affected the producing regions of Mexico in recent years. However, the National Hydrocarbons Commission (CNH) said that the sector’s activities are recovering bit by bit and the industry is going to drill many wells in Tamaulipas.
The National Hydrocarbons Commission (CNH) recently published total hydrocarbons reserves during 2018. As expected, these decreased, and there is no possible solution for the short or medium term.
Energy Reform was created with the goal of increasing production and reserves metrics in Mexico and private companies continue to give good news on these issues. Fieldwood Energy and Petrobal announced a new mega discovery.
Andrés Manuel López Obrador (AMLO) gave a major oil and gas policy speech (in Campeche of course) where he set the goals for his presidency and suggested private investment might have a role, but only if it ‘behaved well’.