The eagle ford shale play is believed to extend past the texas border and into mexico. Energy information administration technically recoverable shale oil and shale gas resources 4 ahead of time. Fracking unconventionals has rapidly accelerated us oil production, boosting output by more than 60 percent since 2010, but mexico hasnt even scratched the surface on the unconventional side, according to craig steinke, ceo of renaissance oil, who just won the rights to develop three onshore fields in northern mexico during decembers auction. Mexicos national oil company pemex recently published its own estimates of shale oil and gas resources in mexico, although their methodology and assumptions have not been disclosed. The oil and gas sector is one of mexicos largest sources of methane, with emissions from offshore operations, oil production and gathering accounting for 84 percent of that total. Outrage across mexico as gas hike sparks protests, looting mexicans were enraged by a 20 percent fuel price hike announced over the weekend as part of a government deregulation of the energy sector. In addition, the new mexico oil conservation commission has developed extensive regulations controlling oil and gas activities. Nm ocd oil and gas map user guide this user guide will give you a brief overview of the functionality and features of the nm ocd oil and gas map.
Eleven wells have been drilled and results thus far have included three dry gas wells and five rich gas wells. Adrian duhalt is a postdoctoral fellow at the baker institute. These pipelines are part of mexicos energy ministrys sener fiveyear plan for expansions of the countrys natural gas pipeline infrastructure. Thieves are now siphoning gasoline and diesel fuel at recordhigh rates from the. However, the projected availability of inexpensive imported gas from the united states directly challenges the economics of mexican gas production.
Mexico at the top world places concerning shale gas resources in its territory. Mexicos huge, untouched shaleoil fields lure wildcatters. Recursos, explotacion, usos, impactos1 shale gas in mexico. The specific target levels vary by type of exploration or development project. National and global petroleum assessment assessment of. Parallels mexico has opened up its oil and gas fields to foreign investors. Shale gas energy in mexico and the us create advantage. The great mexican gas price war exposes core mexican problems. Invest in carbon monoxide alarms to keep you and your family safe. Now mexico imports 60 percent of its natural gas from the united states, according to zumma, an energy consulting firm in mexico city. Excitement over mexicos shale fizzles as reality sets in. Pemex most recent estimate for shale resources in mexico is. Mexico energy reform update new timelines for fast approaching upstream oil and gas bid processes.
The brisk, open gas trade is one of the more obvious manifestations of mexicos national fueltheft epidemic. A revolution in the prodution of shale gas energy in mexico and the us has given north america a competitive advantage. About 54% of the domestic production is associated to crude oil. In may, monthly pipeline exports to mexico represented 51% of total u. Find out how to get connected to electricity and gas suppliers in mexico. In order to be connected to the electricity supply, homes must be within 35m from an electric post and have the necessary installation and wiring to receive the electricity meter and energy cable. Overview for all oil and gas activity and production in new mexico. Flames burn off from a natural gas well in webb county, a common sight in south texas. In mexico, why gas prices are up and the peso is down. Gas seco gas y co nde sado aceite gas y aceite en esen tudest io udio n provinces mean resources bboe product 1 tampico misantla 34. Gas demand grew as independent power producers ipps and utilities built new combinedcycle gasfired generation and industrial customers took advantage of new lowercost gas supplies. Spe 1779 evaluation of mexicos shale oil and gas potential. Department of state, quantitatively assessed the potential for unconventional oil and gas resources within the sabinas. Mexico shale gas unconventional play report wood mackenzie.
The experiences of shale gas exploitation from other countries have been studied to carry out an analysis of the measures needed in mexico to develop shale gas in a responsible and environmentally friendly manner. An assessment of 7 shale formations in 41 countries outside the united states. Currently mexicos shortage of natural gas has caused electricity costs to be 70% higher than those in the us 5. Assessment of unconventional oil and gas resources in northeast mexico, 2014. Icf reported sizable reductions are possible for mexico by 2020, if costeffective technologies and operating practices are used by industry to capture methane from.
From a safe distance, call 911 then us at 18886642726. In mexico, why gas prices are up and the peso is down mexico deregulated gas over the weekend sending the price of fuel up by as much as 20 percent. Outrage across mexico as gas hike sparks protests, looting. Technically recoverable shale oil and shale gas resources. Initially, overall targets are set at 25% on average and will increase to 35% in ten years. Application for discovery allowable and creation of a new pool. Permeability refers to the capacity of a porous, sediment, soil or rock in this case to transmit a fluid. Mexico energy reform update new timelines for fast. Consequently, the oil and gas industry, researchers, and government agencies spend.
The natural gas has allowed mexico to shift its source of electricity and factory fuel. Pre cisely, information coming from the energy information agency recently positioned mexico at the top world places concerning shale gas resources in its territory. To meet its demand, mexico imports natural gas from the united. New mexico has extensive statutes on many subjects concerning oil and gas exploration, development and production. Resource estimates change as extraction technologies improve, as markets evolve, and as oil and natural gas are produced. This application will run in most web browsers including safari, chrome, and internet explorer microsoft edge is the exception to this. Shale gas formations are unconventional reservoirs i. Technically recoverable shale oil and shale gas resources eia. Oil and gas law in new mexico is not unlike oil and gas law in our neighbor state to the east, texas. Our new mexico oil and gas data includes all production values, operators, wells, drilling permits, well logs, and much more.
Overview of selected shale plays in new mexico this presentation was given by ron broadhead of the new mexico bureau of geology and mineral resources at the rmag lunch talk on august 6. International energy agency, rigzone, mexican ministry of economy. Key rights and obligations property of mexico the construction, installation, repair. Do not turn any light switches or appliances on or off. As evidence of the success in producing gas from shales, in 2008, the barnett shale became the largest gas producing play or formation in the us, contributing 7% of all the natural gas produced in the contiguous 48 states for that year. No gas in puebla due to pipeline theft mexico news daily. Broadhead received his bs in geology from new mexico tech and his ms in geology from the university of cincinnati. Given the shift to using gas over oil, significant production is essential the countrys energy.
In march 2011, after just three years of development, the prolific. Mexico is seeking to model its oil and gas development in the border region after. Mexicos road to shale gas will be long and winding, but we know that the resource is surely there. This contrasts with a conventional gas reservoir produced from sands and carbonates such as. Resource categories when considering the market implications of abundant shale resources, it is important to distinguish between a. Reduce production costs 50% or more if are you considering setting up manufacturing in mexico fill out the form or call 9155344252.
Since january 1, the great gas price war has rocked mexico. Electric power and industry converted from burning diesel fuel and other oil products to natural gas. Recent presentations by mexican government officials indicate that round one will begin on a rolling basis in november and will continue through march 2015. The turmoil involves the four core problems mexico confronts in the 21st century. A police officer throwing a stone at demonstrators protesting the rise of fuel prices in puebla, mexico, on friday. The obstacles are numerous, from oil at the deepest depths of the gulf of mexico to gas shale formations in cartelcontrolled territory along the 1,200mile border with texas.
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