Houston-based Chimera Energy Corp. announced on Tuesday that it had received drilling logs from Petroleos Mexicanos (Pemex), the Mexican state-owned petroleum company, and had “formulated a 90-day schedule for the first deployment” of its nonhydraulic shale oil extraction in Mexico’s Chicontepic Basin, even as concerns arose about the accuracy of many of the company’s statements.
Articles from Mexicanos
A Mexican government official said state-owned petroleum company Petroleos Mexicanos (Pemex) will spend $200 million over the next three years exploring two shale formations in the country for natural gas.
Legal action by the exploration and production unit of Mexico’s Petroleos Mexicanos (Pemex) against companies accused of trafficking in stolen natural gas condensate got bigger Tuesday when the company filed another lawsuit in U.S. District Court for the Southern District of Texas in Houston that added defendants Pemex had unsuccessfully sought to add to an existing lawsuit.
The governing boards of Mexico’s Petroleos Mexicanos (Pemex) and Spain’s Repsol YPF announced Tuesday that they have signed a 10-year strategic alliance and plan to cooperate in several areas, including exploration and production (E&P) and liquefied natural gas (LNG).
Mexico’s state-owned petroleum company, Petroleos Mexicanos (Pemex), announced Friday that it will accept bids for a new round of private exploration and production (E&P) contracts in early January.
Coming on the heels of a significant onshore natural gas discovery in late October, Petroleos Mexicanos (Pemex), Mexico’s state-owned petroleum company, proved Thursday that the country is still targeting offshore reserves as well.
Mexico national oil company Petroleos Mexicanos (Pemex) said Wednesday it has drilled the deepest well in its history at the deepwater Lakach field in the Gulf of Mexico, and estimates the field may contain 400 to 600 Bcf in gas and condensates.