Pemex turns to deepwater to reduce decline

Ball, Eldon
October 2010
Offshore;Oct2010, Vol. 70 Issue 10, p48
Trade Publication
The article focuses on the scenarios that confront the operation of Petroleos Mexicanos (Pemex), the national oil company in Mexico. It says that the oil production in the company's Cantarell field continues to decrease resulting to a decline in revenue. It mentions that Pemex may resort to importation to feed domestic refineries that run below capacity. Meanwhile, it says the Pemex has invited outside operators in the search and development of offshore deepwater resources.


Related Articles

  • New bidders come forward.  // Energy Caribbean;2012, Issue 63, p4 

    The article presents information on the inclination of new explorers in the deep water blocks in Trinidad and Tobago (TT). The fourth auction for TT oil fields were conducted in September 2012. It left the nation with surprise, as the new bidders showed interest in exploring its energy reserves....

  • Mexico looks to deepwater to solve production problem.  // Offshore;7/1/2012, Vol. 72 Issue 7, p34 

    The article focuses on the efforts being made by the government of Mexico to explore deepwater oil resources to increase its oil production. It mentions about the decline that has in been reported in Mexico's oil production and informs about the energy reform package that was approved by the...

  • Deepwater opportunities beckon offshore Mexico. Carano, Boyd; Alexander, Alan J.; Garcia, Raul // Offshore;Jun2014, Vol. 74 Issue 6, p32 

    The article focuses on the oil deposits and exploration opportunities in the deepwater areas in Gulf of Mexico. Topics discussed include the exploration success of oil company Petróleos Mexicanos (PEMEX), several factors which affects the capabilities of the company's operation such as legal...

  • Americas.  // Offshore;Jul2006, Vol. 66 Issue 7, p12 

    The article offers news briefs in the offshore drilling industry in the Americas. Petroleos Mexicanos SA has purchased 11 Triconex safety instrumented systems from Invensys Process Systems. All 22 contracts for new exploration and production joint ventures between Petroleos de Venezuela SA and...

  • Drilling picks up across the Perdido Foldbelt. Leonard, Anne; Liskey, Tom // Offshore;Jan2016, Vol. 76 Issue 1, p40 

    The article discusses the increased drilling activity in the Perdido Foldbet of northwestern Gulf of Mexico. Topics include the small increase of activity on the U.S. side which include the planned explorations of oil industry company Shell and gas and oil corporation Stone Energy, the...

  • Companies have December drilling deadline.  // Energy Caribbean;2011, Issue 58, p8 

    The article informs that exploratory offshore drilling consortium led by Repsol YPF had been given extension of the deadline to December 31, 2011 to spud its first well, Jaguar 1, in the east of the Guyana-Suriname basin. It is noted that CGX, which holds the Corentyne block on a 100% petroleum...

  • PDC and depth-of-cut control technology set drilling record. Jaggi, Anil; Upadhaya, Sunil; Chowdhury, Ashabikash Roy // Offshore;Oct2007, Vol. 67 Issue 10, p60 

    The article focuses on the technologies used by BG Exploration & Production India Ltd. (BGEPIL) in efficiently drilling its offshore wells. The depth-of-cut control technology is collaborated with bits to optimize the rotary steerable system (RSS) performance of drilling systems. These...

  • HRT advances plans offshore Namibia.  // Offshore;May2012, Vol. 72 Issue 5, p86 

    An interview with HRT America president Wagner Peres is presented. When asked regarding the impacts of concept of continental drift in oil prospecting in the Namibian presalt, he says that the concept can explain the nature of petroleum basins. He states that the basins in West Africa and in...

  • A Signifcant Find.  // Offshore;May2015, Vol. 75 Issue 5, p2 

    The article focuses on the discovery of the Western Atwater Fold Belt of Shenzi field, which is identified as a potential resource of oil, in the Gulf of Mexico. Topics discussed include an outline on the Shenzi field discovery in 1995, its deepwater wells, and the construction of the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics