Mexico
News
API president & CEO Mike Sommers touts energy’s $2 billion economic impact on New Mexico communities
October 01, 2019
American Petroleum Institute president and CEO Mike Sommers today met with New Mexico business leaders, school administrators, and local leaders, who highlighted the transformational role of safe and responsible energy development in the Permian basin on the state’s economy and local communities.
News
September 27, 2019
The departures were sparked by a disagreement within the company over an external review of new formulas created to price oil sales to refiners in the U.S. and elsewhere.
News
September 19, 2019
Petrofac has signed an agreement to sell its remaining 51% interest in its operations in Mexico, including Santuario, Magallanes and Arenque, to Perenco International.
News
September 17, 2019
Schlumberger will start a new 5,080-km2 wide-azimuth (WAZ) multiclient survey in the Salina del Istmo Basin in the Gulf of Mexico Bay of Campeche, providing the first 3D coverage over this shallow-water target area that includes the recent Zama-1 discovery.
News
September 12, 2019
Whittaker Mexicana will offer a full range of Swire Oilfield Services DNV 2.7-1 certified units included Offshore Containers, baskets, waste skips and tanks to support the increased international operators drilling campaigns across Mexico.
News
September 12, 2019
Talos Energy has received a two-year contract term extension as well as regulatory approvals for additional exploration activities on Block 7, located in the offshore portion of Mexico's prolific Sureste basin. Talos is the operator of Block 7 in a consortium with its partners Sierra Oil & Gas and Premier Oil.
News
September 09, 2019
Mexico’s balanced budget for next year depends in part on its oil company boosting production by about 17%, something that the country hasn’t achieved in almost four decades.
Article
July 2019
Talos Energy has completed its appraisal program for the Zama discovery on Block 7, in the offshore portion of Mexico’s prolific Sureste basin.
Article
May 2019
Talos Energy—alongside consortium partners Sierra Oil & Gas and Premier Oil—has provided an update on the Zama appraisal program in Mexico’s Block 7, in the prolific Sureste basin.
Article
April 2019
Shhh… Don’t scare this thing off. After four years of declining drilling activity, permits are up, rig count is up, and there is cautious optimism afloat on a bubbling current of hallelujahs.
Article
March 2019
These have been unsettled times for Mexico’s upstream sector, since new President Andrés Manuel López Obrador won office last July in a major electoral victory.
Article
March 2019
Equinor has, together with its partners Petoro, ExxonMobil and Total, proven gas and condensate in the Norwegian Sea Ragnfrid North (6406/2-9 S) exploration well, located ~12.43 mi (20 km) south of the Kristin platform in the Norwegian Sea.
Article
February 2019
Rising oil supplies and falling prices in second-half 2018 constrained global drilling, but activity should post a measured gain in 2019. Virtually all the global oil production increase is due to U.S. shale activity.
Article
February 2019
Equinor and its partners have started production from Aasta Hansteen gas field in the Norwegian Sea.
Article
December 2018
Companies in the news
Article
September 2018
LLOG Exploration delivered first production from its Crown and Anchor fields in the Gulf of Mexico, during second-quarter 2018.
Article
July 2018
On March 1, U.S. President Donald Trump announced 25% tariffs on imported steel and aluminum. The E&P industry is telling Congress and the administration that this is a bad idea. The real question is “Why Was Anyone Surprised?”
Article
June 2018
In 2017, global natural gas demand’s above-average growth reshaped market fundamentals and prevented the development of a global natural gas bubble. Meanwhile, global natural gas consumption doubled its 2016 growth rate, and it was well ahead of the previous five-year trend.
Whitepaper
Mexico's unfolding natural gas transformation
May 10, 2018
Energy Web Atlas
Article
May 2018
The fates of two venerable producing countries’ E&P sectors hang in the balance, as national elections approach.
Article
February 2018
Total (40%) and Chevron (operator, 60%) have announced a major discovery at the Ballymore prospect, in the U.S. Gulf of Mexico.
