Does Mexico has a lot of Oil Reserves in the Gulf of Mexico?

The Mexican- Gulf of Mexico - Is one of the most challenging environments in the world for oil and gas exploration, is benefiting from cable gland technology from Hawke International. Major oil and gas companies are leading the exploration of these huge reserves working in partnership with specialist contractors and suppliers in complex multi-national engineering teams.


Mustang Engineering in Houston (a Wood Group Company) was involved in topside design for all four installations. Additional design work was undertaken at other locations in Texas and Louisiana, where various contractors fabricated topside structures and modules for the production plant. Some heavy fabrications have come from as far as Korea and Norway.


Hawke offices in Houston, the UK and Singapore, together with agents throughout the world have worked closely with the many designers and sub contractors involved.


PEMEX- Petroleos Mexicanos - Mexico, the third-largest supplier of oil to the U.S., will resume full production from wells in the Gulf of Mexico


-Mexico pumps about 3.1 million barrels a day, and 82 percent of it comes from offshore reserves in the Gulf of Mexico. Pemex exported about 2,7 million barrels a day in the third quarter of 2007, with 81 percent going to the U.S.Does Mexico has a lot of Oil Reserves in the Gulf of Mexico?
A lot of oil.


Specially:


Campeche


Tabasco


Veracruz


and Chiapas, in this order.Does Mexico has a lot of Oil Reserves in the Gulf of Mexico?
Yes, the biggest and most important in continental America.
Helix Energy Solutions (NYSE:HLX) is an oilfield services company that builds, maintains and maximizes the output from offshore oil and gas reservoirs. It has two business segments, Contracting Services and Oil and Gas Operations, of which the former accounted for $1,182.8 million in revenues or 67% of the the company's total revenues in 2007.[1]





The company operates primarily in the Gulf of Mexico. Helix announces another deepwater Gulf of Mexico discovery.





BP, the biggest oil producer in the U.S. and biggest leaseholder in the Gulf of Mexico, has a 62 percent working interest in the block, while Brazilian state-controlled Petrobras owns 20 percent and U.S. oil major ConocoPhillips owns 18 percent.
YES!