Mexico's energy ministry has said that Pemex and Talos Energy have 120 working days to present a unification agreement to jointly develop the Zama reservoir in a way that would maximise its value.
Jaguar plans to utilise Emerson’s E&P software solutions for seismic and well data analysis amongst other areas.
Rystad Energy has released its annual global energy outlook, which claims that the Covid-19 downturn will expedite peak oil demand.
Simmons Edeco supplied drilling and completion services for Newpek on a recently acquired concession in the Trevino oilfield, in the Burgos Basin in the state of Tamaulipas in northeastern Mexico.
The company is acquiring about 30% of Total’s participating interest in blocks 15, 33 and 34 located in the Campeche Basin, offshore Mexico.
The Ehecatl-1 exploration well on Block 7, located in the Sureste Basin offshore Mexico, did not find reservoired hydrocarbons.
A joint venture, including PTTEP, Petronas, Repsol and Wintershall Dea, made the discoveries in the Salina Basin.
The company has completed completed a second series of development drilling of wells at the Panuco field for a major oilfield services company.
Cairn Energy has provided an update on its operations in the North Sea, West Africa and Latin America.
The contract requires the company to drill a series of onshore directional wells, with target depths in the 3000 m range.