Puerto Vallarta News

Puerto Vallarta 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

Puerto Vallarta whale collision kills local expat

Puerto Vallarta whale collision kills local expat

An American resident dies after a Puerto Vallarta whale collision near Olas Altas Beach, as...
Costa Azul lookout accident

Costa Azul lookout accident leaves car over cliff edge

A sedan skidded on a wet curve at the Costa Azul lookout in San José...
Los Cabos water crisis

Los Cabos water shortage still drags on as city grows

Los Cabos enters a second year of government still dragging a deep water shortage, clogged...
Anima Village

Crowds flood Anima Village Los Cabos on stormy debut

Ánima Village, a new open-air luxury plaza in Cabo del Sol, opened on a rainy...