Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico 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 after Holy Week well failure

A power failure at Puerto Vallarta’s radial well disrupted three linked wells, drained key tanks,...

Puerto Vallarta tourist dies after banana-boat ride

A tourist from León died after a banana-boat ride in Puerto Vallarta. Authorities said the...
Puerto Vallarta Autism Center Set for 2026 Start

Puerto Vallarta Autism Center Set for 2026 Start

Puerto Vallarta says construction on a new autism center could begin in 2026, part of...
daily trash collection

Puerto Vallarta Must Settle 240 Million Trash Debt

Puerto Vallarta is negotiating how to pay more than 240 million pesos after ending its...