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Exploration

Pemex exploration drilling up in August

Pemex exploration drilling up in August

Pemex reported exploration and development wells drilled figures during August this year. This metric continues to show low performance compared to previous years.

Wednesday, October 25th, 2017
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IMP invests in shale gas data

The Mexican Institute of Petroleum (IMP) announced that it will allocate an additional US$20M for the development of shale gas in 2018.

Monday, October 23rd, 2017
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SAT detected anomalies in taxes for exploration activities

The Tax Administration Service (SAT) warned about improper tax practices being usedby companies in Mexico.

Monday, October 9th, 2017
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ACS wins contract in Campeche

Spain’s ACS consortium won Pemex Exploration and Production’s (PEP) contract for more than US$1B to develop compression services in Campeche.

Tuesday, September 12th, 2017
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BHP Billiton will invest US$700M in exploration

By the second half of 2018, the firm expects to complete the minimum work program in the Trion field, consisting of evaluation and exploration activities.

Tuesday, September 5th, 2017
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“The amount of water needed for fracking is criminal”: Patiño

Jaime Patiño, former president of the Mexican Association of Oil Geologists reported that 10,092 wells (mostly in Puebla) will be developed via fracking as a result of Round 4.3.

Monday, August 28th, 2017
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Pemex will have two more years to explore in the Subsalt Belt 12

The National Hydrocarbons Commission (CNH) approved the extension of a Pemex contract, to continue with its exploration and production activities in the Subsalt Belt No. 12 located in the Gulf of Mexico.

 

Wednesday, August 16th, 2017
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ENI raises reserves in its Amoca field

Italy’s ENI raised the resource estimate of its Amoca field after drilling and testing its first well, which indicated “significant oil levels” in the Orca and Cinco Presidentes formations.

Monday, August 14th, 2017
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Underwater robots to explore fields

The idea is being tested by engineers at Jacobs Bremen University (one of whom is Mexican), aiming to reduce investment and safety risks when developing offshore fields.

Monday, August 14th, 2017
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Small offshore projects were important in 1H17

Analysts have drawn positive conclusions from the authorization of offshore projects during the first semester of this year.

Thursday, August 10th, 2017
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