Mexico's Burgos development not hobbled by budget woes

Development of the Burgos basin natural gas fields in northern Mexico by state-owned petroleum company Petroleos Mexicanos will continue as planned, despite the budgetary constraints faced by Pemex this year, said Pemex Director Adrian Lajous (see story, this page). "Because the production of each well declines rapidly, an intensive drilling schedule is needed to maintain production at Burgos," Lajous said during a recent visit to the region. "It is not possible for us to stop drilling." The Burgos basin, covering 50,000 sq km in the northern states of Tamaulipas and Nuevo León along the Texas border, is Mexico's largest nonassociated natural gas basin. Mexico ...

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