CNH has approved PEMEX’s development plans for 10 fields, which total US$10.5 billion in investments. Last Wednesday, CNH approved PEMEX’s plans to develop the shallow water Octli field through an investment of US$330.5 million to take the field from drilling to decommissioning by 2039.
This is the tenth early production field development plan […]
by Pedro Alcala
Shale resources have long been a potential alternative for the Mexican energy sector. The size of alleged potential reserves, the low price that governs the gas market and the environmental advantages that they have over other fossil fuels keep pressing Pemex to take a further look into the possibility of satisfying the nation’s demand struggles […]Continue Reading →