Mexican state oil company Pemex expects to add 210,000 b/d and 350 MMcf/d of new production by the end of 2020 from the development of six shallow water fields in the Gulf of Campeche, CEO Carlos Trevino said Tuesday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The development budget of these fields still pends congressional approval, Trevino said at a webcast event from Mexico City. “As we say in Mexico, these are fields that are at a nougat point, ready to be exploited,” he said. The development of this wells is highly likely as President-elect Andres Manuel Lopez Obrador seeks to boost Mexico’s oil production. “We expect these six fields will begin production soon, giving the incoming administration a good platform to recover the declining production,” Trevino said. The six fields, Trevino said, are at different phases: Xikin and Esah are in […]