Pemex Postpones Drilling to Test Deep-Water Equipment
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Petroleos Mexicanos, Latin America’s largest oil company, will postpone drilling a well in the Gulf of Mexico that would be its deepest ever while it tries out new equipment in a shallower project, a company executive said.
The Mexico City-based company will first use a new exploratory deepwater rig at the Tulipau-1 prospect, in waters 700 meters (2,300 feet) deep, Carlos Morales, director of exploration and production, said in an interview late yesterday. The Bicentenario rig will then drill the 2,600-meter Maximino by April, five months later than planned, he said.