Economía 08-08-2017

Pemex stopped operating more than 900 wells and reduced drilling this year

The company Petróleos Mexicanos (Pemex) stopped operating almost a thousand wells in a year. According to information from the state's productive company indicates that until the second quarter of 2017 the oil company operated 8 thousand 22 wells, that is, 910 less than it had in the same period of 2016.

Of the total of these complexes, 93% is on land and the rest in the Gulf of Mexico. Pemex also recorded a drop in other activities: between January and June 2017, it drilled only 36 wells, representing 52% less compared to 75 in the same period last year.

According to Pemex's history, this is one of the lowest figures recorded in recent decades. In addition, in the same period, the number of development wells also declined to reach only 22, equivalent to a 66.7% decrease compared to 66 in 2016.

Information from the own Pemex explains that the drop is because the company now bet on the most profitable projects, forced by the fall in international oil prices and by adjustments to its budget.

As part of this situation, the company also reduced its demand for well drilling equipment, since between January and June 2017, it operated an average of 137 to work in its fields, equivalent to a reduction of 27% compared to 187 Which I had last year.

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