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Analysis

Tabasco Nabs Investment Flows

Sun, 07/01/2018 - 15:52

With close to US$39 billion of total estimated investment from E&P contracts in the licensing rounds, Tabasco has shown why it can be considered as one of the “big four” oil and gas states. With the declaration of Paraíso, where API Dos Bocas is located, as a Special Economic Zone on 
April 2018, the state is one step away from becoming a key offshore services hub as exploration, development and production activity continues to shift westward to Mexico's traditional offshore production areas around Cantarell, KuMaloob-Zaap and Abkatun-Pol-Chuc.
Hydrocarbon Reserves