Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Pemex says discovers six new crude deposits in Gulf of Mexico

Mexico's state oil company Pemex said on Tuesday it had discovered six new deposits in the Gulf of Mexico, two of super light crude in deep waters, and four of light crude in shallow waters.

Pemex, which has been struggling with declining output for over a decade, also plans to drill 30 exploratory wells in 2017, it said in a statement.

A Pemex spokesman said the discoveries were a made couple of months ago, but were not announced immediately in order to quantify the reserves and guarantee . . .

Read Full Story

Related Posts

Cancún officials warn Laguna ABC is not safe after teen drowns

Cancún officials warn Laguna ABC is not safe after teen drowns

Cancún officials warned Laguna ABC is not safe for recreation after a teen drowned at...
Yucatán Heat Raises Pet Heatstroke Risks Above 40C

Yucatán Heat Raises Pet Heatstroke Risks Above 40C

Veterinarians in Yucatán warn that dogs and cats face heatstroke risks as temperatures climb above...
Panchito Crocodile Bites Tourist at Tulum Casa Cenote

Panchito Crocodile Bites Tourist at Tulum Casa Cenote

A 75-year-old French tourist was taken to a hospital after a crocodile bite at Casa...
San Miguel Agave Tours Offer a Deeper Look at Mexico

San Miguel Agave Tours Offer a Deeper Look at Mexico

San Miguel’s Charco del Ingenio will host agave tours May 16, linking local plants with...