Pemex Unveils 4 New Reservoirs Between Coatzacoalcos and Agua Dulce

Olivia Martin y Herrera
April 19, 2024
3 minutes
Significant Discovery:

Pemex has surprised industry watchers by revealing four new shallow marine reservoirs located between Coatzacoalcos and Agua Dulce. This discovery has ignited considerable interest within the energy sector by broadening the possibilities for extraction and production in this strategic area of the country.

Focus on Profitability:

Since President López Obrador took office, Pemex has prioritized identifying and developing the most profitable oil fields. The strategy has focused on exploring new reservoirs and revitalizing declining fields. The selected projects have been evaluated as highly profitable, with projections indicating substantial returns on investment in the coming years.

Expansion and Potential:

The revision of the AE-0148-2M-Uchukil assignment marks a strategic pivot in Pemex’s exploration efforts. The discovery at the Cámati well and its productive potential has led to the expansion of this assignment, creating new opportunities for hydrocarbon extraction in the region. With planned investments to increase the number of drilling sites, a significant uplift in production is anticipated, which could positively impact both the oil industry and the national economy.

This discovery not only represents a significant opportunity for Pemex but also solidifies Mexico’s position as a key player on the global energy stage. With the approval of the CNH and support from the Sener, this breakthrough marks the commencement of a new chapter in the country’s energy production, with a renewed emphasis on innovation and economic expansion.

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