Pemex sets the course for Mexican drilling

Great interest among international companies is driving increased activity in Mexico's on and offshore basins. Mexican state oil company Petróleos Mexicanos will increase spending by only 9% this year, to $9.5 billion, funded in part by new debt issues on capital markets. Although this is the largest budget among state-owned companies, the increase is much less than others, such as Venezuela's PDVSA, which plans to increase spending by 129% in 2004, to about $6 billion.Pemex Exploración y Producción (PEP) has scheduled to release bid tenders for construction of 37 offshore platforms in the Gulf of Mexico in 2003-04, including 17 in the Ku-Maloob-Zaap (KMZ) fields co...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected