Thursday, February 19, 2009

mexican oil wealth until 2080

El Universal | The man in charge of finding oil and gas in Mexico, Carlos Morales Gil, said that companies Goyler & McNaughton, Netherland Sewell & Ryder Scott and a certified original volume of reserves in the palaeochannels of Chicontepec by 139 billion barrels of crude oil equivalent.

The director of Pemex Exploration and Production (PEP) said in an interview with El Universal volumes of hydrocarbons that are certified, "not a number that I've invented."He clarified that this amount of oil can only be drawn with the available technology, some 18 billion barrels in the next 30 years.

But what will happen to the remaining 118 billion barrels, "he questioned. "We are going to be there, because at the moment there is no technology that allows us to extract that resource," he replied. Probably, he added, over time there is a technologist who will provide the ability to "squeeze" the most Chicontepec.

Although the resources in the 29 certificates that make up the active fields require investments to be acquired and developed the category of economically exploitable reserves, only in terms of volume is equivalent to half the proven reserves of Saudi Arabia, 78% of the reserves Canada and equal to those of Iran, three countries with the largest volume of world oil reserves and 3.8 times higher than Cantarell.

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