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Oil Industry Activity In Mexico Intensifies

A chart showing how oil industry activity in Mexico has increased.

Oil Activity Indicators January - April 2018:

  • There were 37 drilling rigs operating, which represents an increase of 54.1 percent compared to the same period in 2017. Among these rigs, 24 were being used for development activities and 13 for exploration.
  • Regarding location, 17 rigs were onshore and 20 offshore. The onshore drilling equipment being used is 3.4 times greater than the active equipment observed from January to April 2017.
  • 62 wells were drilled, a figure which represents more than double of what was observed in the first quarter of 2017, when 24 wells were drilled. Drilled wells are mostly onshore developments (53), of which 36 were in Tampico Misantla.

(Source: National Hydrocarbons Commission