Mexico’s offshore Oil Billions

Mexico has Billions of barrels of crude oil lying under the deep seabed

Mexico, Brazil and the United States could be world-wide powers in deep water oil drilling, according to the information that slightly I synthesize and that as far as Mexico say: “Of a total of 54 billion barrels of crude equivalent, 55 percents -29,5 billion barrels are located in deep waters of the Gulf of Mexico. “But it could have more deep water resources.

The Oil consultants consider the volume of reserves of Mexico, in that zone, 45 billion barrels… In fact, they consider that Braziland the United States and Mexico like the countries with greater deep water potential at world-wide level “… If we could take advantage of these resources, Mexico could revert the declination and to even increase its production of crude “.

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2 OpinionesTU Opinion
  • Mexico
    March 30, 2008 at 12:18 pm

    Mexico estimates that there could be between 30 and 100 billion barrels of crude in its Gulf zone, an area of 575,000 square kilometres, at depths of between 1,000 and 3,200 metres.

    In the last five years, the state oil monopoly Petróleos Mexicanos (PEMEX) has drilled only six exploratory wells, at 500 and 1,000 metres below sea level, but it has neither the technical know-how nor the financial resources to start extraction, nor to develop activities at greater depths.

  • Miguel Garcia
    April 6, 2008 at 12:13 pm

    Ya es tiempo que Mexico inverta los fondos necesarios en programas de educasion para que sudiadanos se eduquen lo suficiente para poder minar el petroleo del el Gofo de Mexico. Tambien Mexico necesita de invertir y contratar la tecnologia de otros paices mas abansados en la exploracion en areas profundas del mar. Si es cierto que existen grandes reservas pues hay que explotarlas a lo maximo.

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