by David Steven Jacoby | Nov 27, 2015 | Shale
Pemex plans to increase shale activity in the next few years, budgeting over $575m in 2014, highlighting some 200 shale gas opportunities in five geologic provinces in eastern Mexico, and opening up the bidding process for drilling shale fields. It aims to attract as...
by David Steven Jacoby | Nov 23, 2015 | Shale
Latin America, which holds approximately one-fourth of the world’s recoverable shale oil and gas reserves, is poised to reap the benefits of the North American shale revolution between now and 2025. Ranked by shale reserves, the five largest countries in Latin...
by David Steven Jacoby | Nov 19, 2015 | Shale
In Colombia, shale potential is mainly present in three of its 23 basins: the Middle Magdalena Valley (MMVB), Llanos, and Catatumbo basins, amounting to a total shale gas reserve of 55 tcf. Potential shale formations are also believed to exist in the Caguan-Putamayo,...