Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico announces its biggest oil discovery in three decades

Mexico said Friday that it has made the biggest oil discovery in the country since 1987 at the Quesqui field in the Gulf coast state of Tabasco.

Pemex said it first discovered the field in Tabasco state in May, before beginning studies to evaluate its viability. The site, called Quesqui, is a so-called 3P reserve, made up of deposits considered proven, probable and possible.

“With the analysis of information provided by this well and seismic data in the area, we can confirm today the existence of a giant deposit equivalent to 500 million barrels of crude oil in a . . .

Read Full Story

Related Posts

Chapala and Ajijic Events Bring a Busy Lake Weekend

Chapala and Ajijic Events Bring a Busy Lake Weekend

Chapala and Ajijic head into a busy lakeside stretch with VinArt, Summer Sound Festival, boat...
Semarnat Clears Riviera Maya Project Near Punta Venado

Semarnat Clears Riviera Maya Project Near Punta Venado

Semarnat authorized a Riviera Maya tourism complex near Punta Venado, raising new questions about coastal...
Los Cabos Blockades Raise Pressure for Faster Talks

Los Cabos Blockades Raise Pressure for Faster Talks

A BCS lawmaker urged faster mediation after Los Cabos road blockades disrupted workers, families, emergency...
El Jorullo Becomes Puerto Vallarta’s Eighth Delegation

El Jorullo Becomes Puerto Vallarta’s Eighth Delegation

Puerto Vallarta approved El Jorullo as its eighth municipal delegation, expanding local representation in a...