COMENER Supports Development of Unconventional Deposits

The Mexican Council for Energy (COMENER) supports the development of unconventional reserves in the country, with the goal of increasing gas production, accelerating the energy transition and achieving energy independence. Juan Acra, President, COMENER pointed out that despite Mexico's abundance of such resources, they have not been sufficiently explored and exploited as they require the use of hydraulic fracturing techniques, commonly known as fracking.

"Mexico is among the Top 10 countries with the most technically recoverable shale oil and gas resources worldwide," he emphasized in a statement. Exploration in these types of deposits represents an area of opportunity, similar to what the US went through at one point: a country that transitioned from being an importer of hydrocarbons to an exporter.

Fracking, a drilling and well stimulation technology, has been instrumental in unlocking unconventional hydrocarbon reservoirs. This technique involves injecting high-pressure water, proppants and chemicals to create fractures, allowing gas and oil extraction from deep within the ground. Fracking has transformed energy markets globally, leading to increased production and energy independence.

According to Juan Acra, advantages of expanding the fracking industry in Mexico include meeting rising hydrocarbon demands, creating jobs, reducing dependence on imports and facilitating the transition to cleaner energy sources. However, concerns about environmental impact, aquifer contamination and seismic risks must be addressed through strict regulations.

Acra explained to MBN that countries like the US have witnessed a shale revolution, boosting oil and gas production through fracking. Mexico has also ventured into fracking, with wells in various states. The decision to further embrace this technology involves weighing economic benefits against environmental responsibilities, said Acra.