October 12th, 1492. After sunset steered their original course west and sailed twelve miles an hour till two hours after midnight, going ninety miles, which are twenty-two leagues and a half; and as the Pinta was the swiftest sailer, and kept ahead of the Admiral, she discovered land and made the signals which had been [...]Continue Reading →
Jaws dropped; rumours confirmed; verification received: Pemex is doing a great job in deepwater exploration.
Five and a half weeks ago, people involved [...]Continue Reading →
Last week, as you probably figured out from your multiple visits to our stand and the activity from our Twitter account, we were at the Congreso Mexicano del Petróleo 2012. In what was the biggest petroleum congress ever in Mexico, according to the organizer committee and its President, Dr. Guillermo Domínguez, [...]Continue Reading →
In a speech to his party on Tuesday, Cuauhtémoc Cárdenas, the founder of the PRD, called for constitutional reform in order to turn Pemex into “a true state enterprise, with full autonomy of its management and budget.” He argued that constitutional reform was a necessary step in achieving this, stating that two [...]Continue Reading →
The news of a gas find in the Gulf of Mexico, where Pemex has begun its ultra-deepwater drilling, almost went unnoticed earlier this week, largely overshadowed by the election results. According to Pemex, the Catemaco Folded Belt’s oil potential was confirmed by the wet gas found in five reservoirs at the Kunah-1 well in [...]Continue Reading →
In a major blow to Pemex, on May 18th the CNH issued a report that rejected the NOC’s development plan for its Lakach project, citing both technical and financial issues with the project. Lakach is one of Pemex’s largest discoveries in the last five years, adding 268.5 million barrels of oil equivalent (boe) to [...]Continue Reading →