Mexico expects an increase in crude-oil production in the next few years to come primarily from the reactivation of mature oil fields, which would be included along with other types of deposits in the first rounds of bidding involving private companies. “Additional production will come for example from mature oil fields…fields that were producing in the 1930s and that could be exploited with new technology to increase production quickly,” Lourdes Melgar, deputy minister for hydrocarbons at the Energy Ministry, said Tuesday at a meeting with reporters. The attraction of new, latest-generation technology is one of the central goals behind a historic energy overhaul promoted by President Enrique Peña Nieto that opens the oil and gas industry to competition, ending the monopoly of state company Petróleos Mexicanos, or Pemex, and allowing private firms to exploit the country’s resources for the first time in 76 years. Last week, Mr. Peña […]