The Oil Drum | Breaking news: Mexico finds the next Cantarell?

48 comments on Breaking news: Mexico finds the next Cantarell?

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Glenn on March 14, 2006 - 7:07pm

I think the Mexicans should play it smart by developing the field slowly and methodically.

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Madman on March 14, 2006 - 8:21pm

I think the Mexicans should play it smart by developing the field slowly and methodically.

I would not bet on this. Mexico gets a lot of their national budget from Pemex. Assuming Mexico's politicians are not any better than our own, they are going to panic when revenues start falling and demand Pemex get production up.

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Glenn on March 14, 2006 - 10:33pm

Yeah, I know - that's why I said "should" instead of "would". And you're right that we wouldn't be any better.

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48 comments on Breaking news: Mexico finds the next Cantarell?

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