Imagine you are an operator and one of your valve suppliers notifies you they detected an issue with one of your oil rig valves. How much time and resources would it take to determine: how many valves did you purchase in a certain period, where are they exactly located, which ones are under-performing and […]Continue Reading →
Sierra Oil & Gas expects to begin producing first oil at its Zama-1 well in about four years, Iván Sandrea, the company’s CEO told the Mexico Oil & Gas Summit 2017. Presenting the opening keynote presentation, The Saga of Zama, in Mexico on Wednesday, the head of the first private player to strike oil […]Continue Reading →
Mexico’s Agency of Security, Energy and the Environment (ASEA) wants to be a triggering factor for the oil and gas industry and not a restraining agent, Alejandro Carabias, Head of Regulatory Unit of ASEA, told the 2017 Mexico Oil & Gas Summit on Tuesday at the Mexico City Hotel Sheraton María Isabel.
“Our regulatory focus is […]Continue Reading →
As private onshore operators take a foothold in Mexico’s liberalized oil and gas market, panelists at the Mexico Oil and Gas Summit 2017 reflected on Rounds One and 2.3 to evaluate the different stages of the Energy Reform, the steps that have been taken and the path that lies ahead. Several issues arose during […]Continue Reading →
Boosting participation in the licensing rounds will help fill government coffers, panelists at the Mexico Oil & Gas Summit 2017 said on Tuesday in Mexico City. The panelists were addressing The Road to First Oil for Mexico’s Offshore Operators, a discussion that came on the heels of the historic oil strike on July 12 by […]Continue Reading →
Mexico’s Energy Reform achieved a milestone this week as Argentina-based Pan American Energy (PAE) started drilling in the Hokchi-2 well on Sunday, the first time a non-PEMEX operator has ever drilled in Mexican waters.
Richard Spies, PAE’s Chief Executive, said that operations in the Tabasco-based block commenced at 1.30am local time on Oct. […]