Pemex Deepwater Gas Field May Begin Output in 2013

Wednesday, March 28, 2007
Petroleos Mexicanos, the third- biggest oil supplier to the U.S., may begin production by 2013 or 2014 at the natural-gas field Lakach in the Gulf of Mexico, Bloomberg reported. Production at Lakach, discovered last year in waters almost a kilometer deep, will take longer than at Pemex's shallow-water fields, which require two to three years before they deliver gas, said Vinicio Suro, managing director of planning and evaluation at Pemex's exploration and production unit, on a conference call.

Pemex also plans to increase drilling in Chicontepec, a field located across four southern states characterized by small pockets of oil that require thousands of wells to exploit. Last month, Pemex said it plans to increase the number of wells it drills there to 1,000 per year from about 200 annually. Source: Bloomberg

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Iranian Port Deal: Modi's Masterstroke

Indian Prime Minister Narendra Modi signed a deal to develop the Chabahar port in Iran for which India will extend $500 million. The historic pact makes Chabahar

Winners of Ferry Design Contest Selected

Winners of International Student Design Competition for a Safe Affordable Ferry to be revealed at the Ferry Safety and Technology Conference   Dr. Roberta Weisbrod,

Maritime Consolidation: Palfinger Aims to Acquire Harding

As maritime markets continue to struggle, merger and acquisition activity should heat up. Today, Austria's Palfinger Group announced that it intends to acquire

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0886 sec (11 req/sec)