News Mexico
Exports fell third from its peak 2.3 million barrels per day reached in 2004.
The exports of Mexican oil could fall into a 150 thousand barrels daily this year, according to estimates of CEO of the English subsidiary of Pemex , Raul Cardoso .
The Mexican exports plunge since production has fallen from a accelerated due to the decline of mature fields, especially the Cantarell .
last year, for example, Mexico exported a half of 1.4 million barrels per day , which meant a drop of 16.8% over 2007.
Without however, the government is preparing contracts for services based on incentives with the hope of to attract big oil to the development of new reserves in areas where Pemex lacks experience, including prospecting in deepwater .
Mexico is one of the oil with greatest potential in the region, therefore, the European are interested in work with the country for the obtain new contracts of services, said Cardoso . Original
Note: Prevent Mexican oil production decline in
Source: Altonivel.com.mx
www.altonivel.com.mx
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