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Usumacinta rig leak may force Pemex to shut down well

12/03/2007
Petroleos Mexicanos may close its Usumacinta oil rig and the Kab 121 oil well in the Bay of Campeche due to a continuing oil and gas leak, according to a senior company executive.Pemex Exploration & Production first is “analyzing the corresponding technical alternatives” to determine if the leak can be stopped. “It is a very technical issue.” said Mariano Ruiz-Funes, coordinator of advisors to Pemex general director Jesus Reyes Heroles.Ruiz-Funes told Mexico City’s El Universal newspaper that the firm has had problems at the site since Oct. 23, when the Usumacinta slammed into the valve tree of the Kab 121 oil well, causing the leak that has yet to be con...
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