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U.S.-Mexico oil drilling agreement for deep waters on maritime border
02/21/2012
The agreement makes it easier for Pemex to drill int he deep water of the Gulf. Pemex has seen oil production decline from older wells over the years and badly needs to find more oil. The agreement also provides for safer drilling in waters going down to 11,000 feet after the BP Horizon oil spill. Mexico is keen on repeating the success of Brazil in deep water oil exploration.
Grouped Articles
To power Mexico forward, Peña Nieto looks to energy reform - The Washington Post
Washington Post 05.09.2013
Mexico Moves to Overhaul Oil Industry
Wall Street Journal 08.13.2013
Mexican president proposes historic changes to state-owned Pemex oil monopoly - The Washington Post
Washington Post 08.13.2013
How Shale Helped Frack Mexico's Energy Impasse
Wall Street Journal 12.12.2013
Mexico’s State-Owned Oil Giant, Pemex, Is in Uncharted Waters
New York Times 10.28.2014
U.S., Mexico Sign Deal on Oil Drilling in Gulf
Wall Street Journal 02.21.2012
Wall Street Journal 04.27.2012
After Spill, Gulf Oil Drilling Rebounds
Wall Street Journal 09.20.2012
Despite Plunging Peso, Wildcatters Try Making Money on Oil in Mexico
WSJ 01.14.2017
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