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Pemex increases 3P reserves from Ixachi find to 1.3 Bboe



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Pemex more than tripled its estimated 3P reserves from the Ixachi discovery to ~1.3 Bboe, an upgrade from a previous estimate of 350 MMboe that makes it Mexico's largest onshore discovery in the last 25 years and fourth largest worldwide in the last 10 years. The state-owned company expects the field, which lies about 72 km from the Port of Veracruz, to produce 80,000 bbl/d of condensate and 720 MMcf/d of gas by 2022 and ultimately yield 300 MMbbl of liquids......
 
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