Reservoirs that cross country lines need special agreements

Estrada, Javier H. Estrada
July 2009
Offshore;Jul2009, Vol. 69 Issue 7, p39
Trade Publication
The article discusses the significance of developing agreements between the U.S. and Mexico concerning the production of offshore oil and gas in the Gulf of Mexico (GoM). The author explores the development of the Mexico-US Mexico Maritime Limits Treaty in 1978 which focuses on territorial and marine delimitation of oil fields existing in both countries. It states that a unitization scheme should be agreed by both countries with the treaty scheduled to expire on January 16, 2011.


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