Currently viewing the tag: "Exploration"

Approximately 40 oil and gas executives gathered at the Four Seasons Hotel in Mexico City on Thursday, Nov. 9, as Mexico Business Publishing held its third oil and gas networking cocktail of the year sponsored by geophysical information company Geokinetics.

Speaker Oscar Roldán, head of the National Center for Hydrocarbons Information (CNIH), praised the geophysical […]

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Mexico

On Nov. 3, 2017, Mexican president Enrique Peña Nieto announced the PEMEX’ “biggest onshore discovery in the last fifteen years.” The light-oil discovery was made in the Veracruz basin, 40 kms northeast of Cosamaloapan, Veracruz. This discovery represents 1,500 million bcoe while the field’s estimated reserves are 350 million bcoe.

According to analysts […]

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This afternoon, Nov. 3, 2017, Mexican president Enrique Peña Nieto announced the PEMEX’ “biggest onshore discovery in the last fifteen years.” The light-oil discovery was made in the Veracruz basin 40 kms northeast of Cosamaloapan, Veracruz, and represents 1,500 million bcoe while the field’s estimated reserves 3P are 350 million bcoe.

The Ixachi-1 well […]

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Juan Carlos Zepeda, president commissioner of CNH, announced a third bidding round dedicated to conventional onshore resources during an industry event Thursday Oct. 19. The terms of this onshore bidding round will be established this year or early in 2018, said Zepeda to Reuters, and contracts will probably be signed during the summer of 2018.

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[For more information on the industry and the insiders’ perspective, check out Mexico Oil & Gas Review]

Today, July 12 2017, the Sierra O&G, Talos Energy and Premier Oil consortium officially announced a significant historic oil discovery in the Zama-1 well. The well is located inside Block 7, which was awarded to […]

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Never say never, but unfortunately, things are not looking bright for the oil prices this year. Understanding the drop is essential to predicting future developments, and the nature of it pretty much boils down to the simple laws of supply and demand, athough the impact of a strenghtening US dollar and a reduction in investment […]

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