Puerto Vallarta News

Puerto Vallarta 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

Puerto Vallarta water outage to hit 60 neighborhoods this week

Residents are urged to store water as a planned Puerto Vallarta water outage lowers pressure...
Online Counterfeit Medicines in Mexico

Online Counterfeit Medicines in Mexico Expose Weak Policing

Nine in ten firms in Mexico now spot fakes online, with medicines leading a piracy...
elite cartel task force

Mexico Launches Elite Unit Against Drug Lords

Mexico’s new UNO unit forms an elite cartel task force, using intelligence and U.S. cooperation...
Asian migrants in Mexico

What the surge of Asian migrants in Mexico really means

New IOM data shows nearly 50,000 Asia Pacific migrants in Mexico without legal status as...