Mature mexico

MEXICO CITY Reuters - Mexico will open up a range of new and mature oil and gas fields to private firms under a proposed energy industry overhaul, and new partnerships with state oil monopoly Pemex could be launched in the second half of next year, a top government official said. The energy reform bill proposed last week by President Enrique Pena Nieto would enact a new profit-sharing contracting model to lure in private investment. Senior ruling party lawmakers have said the reform would target deep water oil and shale gas reserves, which Pemex PEMX. UL has been unable to exploit because it lacks the funds and technology.
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Opportunities in Mexican mature fields

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Opportunities in Mexican mature fields

Within the Mexico energy reform, a static and dynamic characterization was made from two representative sectors from the mature fields bidded on the R1-L03 to evaluate the implementation potential for EOR. Clean Carbonate with low clay content, average depth: [m], fluid type is a gas and condensate with retrograde condensation The model also contains a numerical aquifer. The reservoir drive is mainly volumetric with no evidence of aquifer support. A sectorial model which contains 12 wells is used, this reservoir had produced for 46 years.
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Is a Mature Mexican Gas Market Within Reach?

The traditional disciplines are emphasized in the context of historical aspects, but each presenter is also an expert-level practitioner and will provide guidance on what has been and what should be done to improve production and recovery in mature fields, in Mexico specifically, but also providing global perspectives wherever possible. When was the last time the static model was redone? Many mature fields have numerous wells and long-lived production data, but data quality and distribution over space and time is typically uneven. Fluid properties can change over the life of a field as can reservoir properties such as porosity. Options for gathering new data to assess such property changes are often hampered by cost or technology limitations.
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Longtime oil-based Mexico is increasingly turning to natural gas to meet its rising energy needs. The goal has been to displace higher cost oil in both the power and industrial sectors. Mexico per capita uses just a third of the electricity that OECD partners use, so more generation is a national priority. For example, despite having 40 percent of the population that the U.
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