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 yellow flags

Yellow Flags on Eight Puerto Vallarta Beaches Friday

Eight Vallarta beaches are under yellow-flag caution and Conchas Chinas is red this Friday. Here’s...
Sierra La Laguna project draws heat over El Niño Verde

Sierra La Laguna project draws heat over El Niño Verde

Sierra La Laguna’s conservation proposal faces scrutiny after “El Niño Verde” is confirmed in the...
Bajío–Madrid route opens Guanajuato’s first link to Europe

Bajío–Madrid route opens Guanajuato’s first link to Europe

Guanajuato says a direct Bajío–Madrid flight with Air Europa is planned for 2026, cutting long...
Los Cabos businesses demand transport inspectors removed

Los Cabos businesses demand transport inspectors removed

Los Cabos business leaders urge BCS to remove transport inspectors after alleged abuses, warning heavy-handed...