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Mexico: positioning for a transformational upstream opening in 2015

Abstract:

Since the late 1800s, Mexico has been a prolific, predominantly light oil producing region; its development has mirrored the initial oil booms (which were occurring at the same time) on its borders in California and Texas. Mexico has multiple established billion barrelsized fields onshore and offshore, with reservoirs having high production rates throughout several key regions.

In 1937 the government took over the petroleum industry, creating the state-owned monopoly PEMEX as the cou...

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Publication status:
Published
Peer review status:
Peer reviewed

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Ivan Sandrea More by this author
Read Taylor More by this author
Journal:
Oxford Energy Forum
Volume:
98
Issue:
November 2014
Pages:
30-34
ISSN:
0959-7727
Keywords:

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