PEMEX has just declared its intentions to return a number of previously granted operative fields to the Ministry of Energy (SENER), arguing a lack of resources to operate them. This includes 95 fields that were allocated to the NOC without having been requested and an unknown number of fields that were solicited in the Round Zero application. According to […]Continue Reading →
On Monday evening, Edgar Rangel Germán, Commissioner of CNH, posted on his Twitter account about CNH’s efforts to set a trend in Enhanced and Improved Oil Recovery, colloquially known as EOR and IOR.
Both methods involve any process, or combination of processes, that are applied to economically increase the volume of oil recovered from the […]Continue Reading →
Note: It is our pleasure to invite you to attend the Mexico Oil & Gas Summit on Wednesday 22nd July, 2015, taking place one week after the announcement of the winners of the shallow water exploration phase of Round One. As the premier event of the Mexican oil and gas calendar, the Mexico Oil & […]Continue Reading →
The federal government’s decision to cut its public expenditure for 2015 by 2.65%, or MX$124 billion, would not be a major problem if half that cut did not come out of the budget of the national oil company, PEMEX. This amount represents 10.4% of the MX$594.6 billion total expenditure PEMEX […]Continue Reading →
Commissioned by PEMEX, the 2015 Pan American Mature Fields Congress is a unique gathering of experts and engineers from all corners of the Americas that will focus on optimizing recovery from mature fields.
Mature fields account for over 70% of global production. With average recovery factors of 70% for gas and 35% for […]Continue Reading →
The situation as it stands in Mexico today is that PEMEX refineries are unable to return to the levels of efficiency and production they saw 10 years ago when they averaged 303,400 million barrels per day of refined hydrocarbons.
During 2014, PEMEX about 35% of the distillation capacity of Mexico went unused, mainly […]Continue Reading →