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Analysis

Campeche Ramps Up, Eyes Discoveries

Sun, 07/01/2018 - 15:37

The long-standing crown jewel of Mexico’s oil production, Campeche is tackling the production decline of Cantarell, not only for the sake of the state’s local economy but also to sustain the 67 percent share of the country’s total oil production Campeche still holds. The seaports of Isla del HydrocarbonsCarmen and Seybaplaya will have a critical part to play in the development of Mexico's shallow water potential and the local government is working full steam ahead to facilitate frontier exploration of the Yucatan Platform and the Southeast basin’s prospective resources.