Pemex’s massive new oil discovery at the Quesqui field might paradoxically prove to be the worst news of 2019 for Mexico’s energy sector, as it will be used to justify a shunning of badly needed private investment for years to come, veteran Mexico energy watcher Duncan Wood said Wednesday. The onshore find, announced Friday, in the southeastern Tabasco state holds 3P reserve potential of 500 million barrels, according to state-run Pemex, which plans to drill 11 new wells with total production of 69,000 b/d next year. Wood, director of the Wilson Center’s Mexico Institute, said the Pemex discovery allows President Andres Manuel Lopez Obrador to dig in on his campaign promise to make the country self-sufficient in energy, […]