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Now the cartels have taken sabotage to a new level: They’ve hobbled key operations in parts of the Burgos Basin, home to Mexico’s biggest natural gas fields. Forced to defer production and ...
The eight blocks in the Burgos basin cover an area of approximately 13,300 square kilometers. The average block size is 1,600 square kilometers. Currently, production is at 130 mmfcd from 150 wells.
Aggressive exploration and development of the Burgos basin in northeastern Mexico is expected to result in substantial increases in nonassociated gas production over the next 2 decades ...
Ciudad Mier, in the gas-rich region along the Texas border known as the Burgos Basin, had already become a ghost town after most of its inhabitants had fled following years of bloodshed.
Abraxas Petroleum Corp. (NYSE: AXAS) CEO Bob Watson told attendees of the summit that he has studied the geography of the Burgos Basin and made several visits south of the border. Watson said the ...
Mexico's state oil company Pemex has called for bids from private companies to produce gas on four blocks in the northeast Burgos basin under multiple service contracts (MSCs). Pemex is expected ...
The well, which tested at 10 MMcfd, drew from the Mesasoic rather than the Tertiary, which is typical of the Burgos. Then at the southern end of the basin the Nejo well tested at about 2000 ...
With conventional gas production declining in Mexico's Burgos basin, the country has opened the area for private investment to develop the region's shale resources. Petroleos Mexicanos (Pemex ...
The Petrobras manager said his company was not intending to bid for other blocks currently on offer in the Burgos basin.
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