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When oil prices began a descent to US$25 a barrel in January 2014, triggering an industry-wide downturn, offshore drilling activity was severely hit. After a half-decade, 2019’s reactivation of drilling suggests that the slump is coming to an end

PEMSA, a Grupo México company, was founded to conduct exploratory drilling, development and other services inherent to the oil and gas industry

We gave the NOC the rate reductions it requested, but in return we were able to obtain an extension of all our current equipment contracts.

Mexico Oil & Gas Summit 2015: Round One – L1: Shallow Water Exploration Blocks panel highlights

2014 was a good year for Perforadora Mexico. We were able to report the best numbers in the history of the company.

When a rig reaches 96% efficiency or more, each of the workers involved with that rig receives a bonus that is paid in two parts.