E&P Plus: February 2021 International Drilling Activity Highlights

Check out the latest oil and gas drilling activity highlights from around the world.

Hart Energy

(Source: Larry Prado, Hart Energy)

1. Mexico

Pemex has received permission to explore the onshore Tampico-Misantla Basin in southeastern Mexico in the states of Tamaulipas, San Luis Potosi and Veracruz. Pemex will explore for unconventional shale-based resources. Exploration wells will be drilled and tested in mature fields. With the development of additional resources, the country’s present production could increase by about 300,000 bbl/d to about 1.9 MMbbl/d in 2021 and 2.4 MMbbl/d by 2024. According to the country’s National Hydrocarbons Commission, Mexico’s unconventional resources amount to an estimated 67.8 Bboe, of which approximately 32 Bboe are in the Tampico-Misantla Basin.

Already have an account? Log In

Sign up for FREE access to view this article now!

Unlock Free Access

Larry Prado

Larry Prado writes activity highlights for Hart Energy's upstream franchises and covers E&P news. He holds an AA in electronics engineering technology and a BA in technical communications.