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 surveillance

Puerto Vallarta surveillance shows quiet holiday shift

A new Puerto Vallarta surveillance sweep through parks, sports units and beaches ends with a...
Mexico City arts warehouse

Mexico City arts warehouse will protect 64,000 works

Mexico’s new Chapultepec arts hub will finally begin sheltering 64,000 works by February, while long-running...
Mexico development fund

Mexico development fund plan for 700,000 jobs in 3 years

Mexico’s state-backed fund of funds wants to channel billions into venture, credit and infrastructure to...
Tren Maya free return

Tren Maya New Year express sells out across Yucatán

Tren Maya hits its 1.2 million passenger goal and rolls out a bundled New Year...