Mexicanos

Chimera, Pemex Shale Oil Contract Disputed

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.

September 13, 2012
Pemex to Invest $200M in Shale Gas Exploration Over Three Years

Pemex to Invest $200M in Shale Gas Exploration Over Three Years

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.

September 13, 2012

Mexico’s First Deepwater Discovery in Perdido

Mexico’s Petroleos Mexicanos (Pemex) has struck oil in its first deepwater discovery in the Gulf of Mexico’s Perdido Fold Belt near the Mexico-U.S. maritime boundary, President Felipe Calderon said last week.

September 3, 2012

Mexico Strikes Oil in Deepwater GOM

Mexico’s Petroleos Mexicanos (Pemex) has struck oil in its first deepwater discovery in the Gulf of Mexico’s Perdido Fold Belt near the Mexico-U.S. maritime boundary, President Felipe Calderon said Wednesday.

August 31, 2012

Pemex Expands Gas Condensate Theft Litigation

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.

April 12, 2012

Pemex, Repsol Sign 10-Year Strategic Alliance

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).

March 1, 2012

Pemex to Offer Private E&P Contracts for Bids in January

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.

December 21, 2011

Pemex Makes Significant Gulf of Mexico Gas Discovery

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.

December 2, 2011

Pemex Announces Deepwater GOM Discovery

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.

May 27, 2011

Pemex Strikes Oil at Test Well in Tabasco State

Mexico state-owned petroleum company Petroleos Mexicanos (Pemex) said Monday it has discovered oil at a test well, which initially is producing more than 3,700 b/d of crude oil and 8 MMcf/d of natural gas.

April 6, 2011