Mexico plans to drill in the country south of 200 new wells

Mexico City August 19 news, the Mexican national oil company (Pemex), said here today that as a result of the Mexican national oil company has been working to stabilize the declining oil production, therefore, the company today is a global search for contractors in the country's southern region 200 new wells drilled. According to Mexican government procurement network Compranet published paper, which the 200 new wells planned for drilling operations started early in October this year, the entire drilling process will last for 3 years.

Although oil prices in late 2008 and early 2009 fell sharply, however, the national oil company of Mexico continued to increase investment in oil and gas exploration operations in the United States and Canada, operating in major markets such as the amount of time to substantially reduced, including Halliburton and Schlumberger Company well-known abroad, including oil services companies in Mexico to provide opportunities for oil and gas operations.

Aug. 21, 2009

Qatar oil and gas capacity in 2014 reached 5 million barrels of oil equivalent

According to media Doha August 17 reported that the Qatar News Agency today quoted the country's oil sector, a senior official as saying that oil and gas capacity in Qatar in 2014 will reach 5 million barrels of oil equivalent, Qatar, the planned expansion of a number of energy projects will be completed in 2014.

Reuters quoted Qatar Petroleum oil and gas project manager as saying that the world's largest liquefied natural gas (LNG) exporter in 2014 in the Nissan prior to 23 billion cubic feet of natural gas. He said that Qatar is expected to be 2014 before the annual production capacity of 12 million tons of propane and butane, the country's total output of petrochemical products by 2015 will reach 4.3 million tons.

According to a Reuters survey, the smallest OPEC oil-producing countries in July the average daily output 710,000 barrels of oil. At present annual output of 45 million tons of LNG, Qatar intends to achieve in 2010 an annual output of 77 million tons LNG can.

Aug. 19, 2009