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Chicontepec Field
The Chicontepec Basin (Chicontepec Formation) is a petroleum system in Mexico north-east of Mexico City, covering an area of around in the states of Veracruz, Puebla and Hidalgo. Several oil fields have been discovered in that area since 1926. A major field was discovered in 1973 but contains extra heavy crude, which due to special refining needs is considered unviable at this time. Since that time, tiny amounts of oil have been produced. While the reserves are overwhelmingly extra heavy crude, pockets of lighter tight oil, as well as natural gas, are also found in the basin. Attempts at increasing output In March 2006, Mexican President Vicente Fox announced that Pemex would invest US$37.5 billion over the next 20 years on the oil fields of Chicontepec. It was hoped that this will boost output to . Pemex's chief executive estimates that 20,000 wells are to be drilled in order to exploit this field. Intensive drilling has taken place in Chicontepec in recent years, star ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mexico
Mexico (Spanish: México), officially the United Mexican States, is a country in the southern portion of North America. It is bordered to the north by the United States; to the south and west by the Pacific Ocean; to the southeast by Guatemala, Belize, and the Caribbean Sea; and to the east by the Gulf of Mexico. Mexico covers ,Mexico ''''. . making it the world's 13th-largest country by are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Veracruz (state)
Veracruz (), formally Veracruz de Ignacio de la Llave (), officially the Free and Sovereign State of Veracruz de Ignacio de la Llave ( es, Estado Libre y Soberano de Veracruz de Ignacio de la Llave), is one of the 31 states which, along with Mexico City, comprise the 32 Federal Entities of Mexico. It is located in eastern Mexico and is bordered by seven states, which are Tamaulipas, San Luis Potosí, Hidalgo, Puebla, Oaxaca, Chiapas, and Tabasco. Veracruz is divided into Municipalities of Veracruz, 212 municipalities, and its capital city is Xalapa, Xalapa-Enríquez. Veracruz has a significant share of the coastline of the Gulf of Mexico on the east of the state. The state is noted for its mixed ethnic and indigenous populations. Cuisine of Veracruz, Its cuisine reflects the many cultural influences that have come through the state because of the importance of the port of Veracruz. In addition to the capital city, the state's largest cities include Veracruz (city), Veracruz, Co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Puebla (state)
Puebla ( en, colony, settlement), officially Free and Sovereign State of Puebla ( es, Estado Libre y Soberano de Puebla), is one of the 32 states which comprise the Federal Entities of Mexico. It is divided into 217 municipalities and its capital is the city of Puebla. It is located in East-Central Mexico. It is bordered by the states of Veracruz to the north and east, Hidalgo, México, Tlaxcala and Morelos to the west, and Guerrero and Oaxaca to the south. The origins of the state lie in the city of Puebla, which was founded by the Spanish in this valley in 1531 to secure the trade route between Mexico City and the port of Veracruz. By the end of the 18th century, the area had become a colonial province with its own governor, which would become the State of Puebla, after the Mexican War of Independence in the early 19th century. Since that time the area, especially around the capital city, has continued to grow economically, mostly through industry, despite being the scene o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hidalgo (Mexico)
Hidalgo (), officially the Free and Sovereign State of Hidalgo ( es, Estado Libre y Soberano de Hidalgo) is one of the 31 states which, along with Mexico City, constitute the 32 federal entities of Mexico. It is divided into 84 municipalities and its capital city is Pachuca de Soto. Located in the eastern part of the country, Hidalgo is bordered by San Luis Potosí and Veracruz on the north, Puebla on the east, Tlaxcala and State of Mexico on the south and Querétaro on the west. In 1869, Benito Juárez created the State of Hidalgo and made Pachuca its capital city; Juárez would add the name ''"de Soto"'' in recognition of Manuel Fernando Soto, who is considered the most important driving force in creating the state. The state was named after Miguel Hidalgo y Costilla, the initiator of the Mexican War of Independence. The indigenous peoples of the state, such as the Otomi, retain much of their traditional culture. In addition to Mexicans of Spanish descent, there are a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pemex
Pemex (a portmanteau of Petróleos Mexicanos, which translates to ''Mexican Petroleum'' in English; ) is the Mexican state-owned petroleum company managed and operated by the Mexican government. It was formed in 1938 by nationalization and expropriation of all private oil companies in Mexico at the time of its formation. Pemex had total assets worth $101.8 billion in December 2019 and as of 2009 was Latin America's second largest enterprise by annual revenue, surpassed only by Petrobras (the Brazilian national oil company). The company is the seventh most polluting in the world according to ''The Guardian''. History Asphalt and pitch had been worked in Mexico since the time of the Aztecs. Small quantities of oil were first refined into kerosene around 1876 near Tampico. By the early 20th century, commercial quantities of oil were being extracted and refined by subsidiaries of the British Pearson and American Doheny companies and had attracted the attention of the Mexican ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mexico City
Mexico City ( es, link=no, Ciudad de México, ; abbr.: CDMX; Nahuatl: ''Altepetl Mexico'') is the capital and largest city of Mexico, and the most populous city in North America. One of the world's alpha cities, it is located in the Valley of Mexico within the high Mexican central plateau, at an altitude of . The city has 16 boroughs or ''demarcaciones territoriales'', which are in turn divided into neighborhoods or ''colonias''. The 2020 population for the city proper was 9,209,944, with a land area of . According to the most recent definition agreed upon by the federal and state governments, the population of Greater Mexico City is 21,804,515, which makes it the sixth-largest metropolitan area in the world, the second-largest urban agglomeration in the Western Hemisphere (behind São Paulo, Brazil), and the largest Spanish language, Spanish-speaking city (city proper) in the world. Greater Mexico City has a gross domestic product, GDP of $411 billion in 2011, which makes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Extra Heavy Crude
Heavy crude oil (or extra heavy crude oil) is highly-viscous oil that cannot easily flow from production wells under normal reservoir conditions. It is referred to as "heavy" because its density or specific gravity is higher than that of light crude oil. Heavy crude oil has been defined as any liquid petroleum with an API gravity less than 20°. Physical properties that differ between heavy crude oils and lighter grades include higher viscosity and specific gravity, as well as higher molecular weight hydrocarbon composition. In 2010, the World Energy Council defined extra heavy oil as crude oil having a gravity of less than 10° and a reservoir viscosity of more than 10,000 centipoises. When reservoir viscosity measurements are not available, extra-heavy oil is considered by the WEC to have a lower limit of 4° API. In other words, oil with a density greater than 1000 kg/m3 (or a specific gravity greater than 1) and a reservoir viscosity of more than 10,000 centipois ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tight Oil
Tight oil (also known as shale oil, shale-hosted oil or light tight oil, abbreviated LTO) is light crude oil contained in unconventional petroleum-bearing formations of low permeability, often shale or tight sandstone. Economic production from tight oil formations requires the same hydraulic fracturing and often uses the same horizontal well technology used in the production of shale gas. While sometimes called "shale oil", tight oil should not be confused with oil shale (shale rich in kerogen) or shale oil (oil produced from oil shales). Therefore, the International Energy Agency recommends using the term "light tight oil" for oil produced from shales or other very low permeability formations, while the World Energy Resources 2013 report by the World Energy Council uses the terms "tight oil" and "shale-hosted oil". In May 2013 the International Energy Agency in its ''Medium-Term Oil Market Report'' (MTOMR) said that the North American oil production surge led by unconventio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Natural Gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon dioxide, nitrogen, hydrogen sulfide, and helium are also usually present. Natural gas is colorless and odorless, so odorizers such as mercaptan (which smells like sulfur or rotten eggs) are commonly added to natural gas supplies for safety so that leaks can be readily detected. Natural gas is a fossil fuel and non-renewable resource that is formed when layers of organic matter (primarily marine microorganisms) decompose under anaerobic conditions and are subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other hydrocarbons. Natural gas can be burned fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vicente Fox
Vicente Fox Quesada (; born 2 July 1942) is a Mexican businessman and politician who served as the 62nd president of Mexico from 1 December 2000 to 30 November 2006. After campaigning as a Right-wing populism, right-wing populist, Fox was elected president on the National Action Party (Mexico), National Action Party (PAN) ticket in the 2000 Mexican general election, 2000 election. He became the first president not from the Institutional Revolutionary Party (PRI) since 1929, and the first elected from an opposition party since Francisco I. Madero in 1911. Fox won the election with 42 percent of the vote. As president, he continued the Neoliberalism, neoliberal economic policies that his predecessors from the PRI had adopted since the 1980s. The first half of his administration saw a further shift of the federal government to the right, strong relations with the United States and George W. Bush, unsuccessful attempts to introduce a value-added tax to medicines and to build an air ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petroleum Industry In Mexico
The petroleum industry in Mexico makes Mexico the eleventh largest producer of oil in the world and the thirteenth largest in terms of net exports. Mexico has the seventeenth largest oil reserves in the world, and it is the fourth largest oil producer in the Western Hemisphere behind the United States, Canada and Venezuela. Mexico is not a member of the OPEC (the Organization of Petroleum Exporting Countries) or any petroleum production related organizations, but since 1994 it is a member of the North American Free Trade Agreement. The petroleum sector is crucial to the Mexican economy; while its oil production has fallen in recent years, oil revenues still generate over 10% of Mexico's export earnings. High taxes on the revenues of Pemex provide about a third of all the tax revenues collected by the Mexican government. History Development of the oil industry in Mexico before 1938 Petroleum was known in Mexico before the arrival of the Spaniards and used by the natives f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Geologic Formations Of Mexico
Geology () is a branch of natural science concerned with Earth and other astronomical objects, the features or rocks of which it is composed, and the processes by which they change over time. Modern geology significantly overlaps all other Earth sciences, including hydrology, and so is treated as one major aspect of integrated Earth system science and planetary science. Geology describes the structure of the Earth on and beneath its surface, and the processes that have shaped that structure. It also provides tools to determine the relative and absolute ages of rocks found in a given location, and also to describe the histories of those rocks. By combining these tools, geologists are able to chronicle the geological history of the Earth as a whole, and also to demonstrate the age of the Earth. Geology provides the primary evidence for plate tectonics, the evolutionary history of life, and the Earth's past climates. Geologists broadly study the properties and processes of E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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