More Oil

January 1950
The article reports an increase in Mexican oil production following the successful test production at Tortuguero oil drilling rig, located south of Veracruz, Mexico. The rig produces a steady 500 barrels of green-black petroleum a day. It is noted that U.S. capital helped in the exploration of the Tortuguero since the expropriation of properties of foreign oil companies under the administration of former President Lázaro Cárdenas.


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