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Chicontepec Formation
The Chicontepec Basin (Chicontepec Formation) is a petroleum system in Mexico north-east of Mexico City, covering an area of around in the states of Veracruz, Puebla and Hidalgo. Several oil fields have been discovered in that area since 1926. A major field was discovered in 1973 but contains extra heavy crude, which due to special refining needs is considered unviable at this time. Since that time, tiny amounts of oil have been produced. While the reserves are overwhelmingly extra heavy crude, pockets of lighter tight oil, as well as natural gas, are also found in the basin. Attempts at increasing output In March 2006, Mexican President Vicente Fox announced that Pemex would invest US$37.5 billion over the next 20 years on the oil fields of Chicontepec. It was hoped that this will boost output to . Pemex's chief executive estimates that 20,000 wells are to be drilled in order to exploit this field. Intensive drilling has taken place in Chicontepec in recent years, start ...
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Mexico
Mexico, officially the United Mexican States, is a country in North America. It is the northernmost country in Latin America, and borders the United States to the north, and Guatemala and Belize to the southeast; while having maritime boundary, maritime boundaries with the Pacific Ocean to the west, the Caribbean Sea to the southeast, and the Gulf of Mexico to the east. Mexico covers 1,972,550 km2 (761,610 sq mi), and is the List of countries by area, thirteenth-largest country in the world by land area. With a population exceeding 130 million, Mexico is the List of countries by population, tenth-most populous country in the world and is home to the Hispanophone#Countries, largest number of native Spanish speakers. Mexico City is the capital and List of cities in Mexico, largest city, which ranks among the List of cities by population, most populous metropolitan areas in the world. Human presence in Mexico dates back to at least 8,000 BC. Mesoamerica, considered a cradle ...
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Veracruz (state)
Veracruz, formally Veracruz de Ignacio de la Llave, officially the Free and Sovereign State of Veracruz de Ignacio de la Llave, is one of the 31 states which, along with Mexico City, comprise the 32 Political divisions of Mexico, Federal Entities of Mexico. Located in eastern Mexico, Veracruz is bordered by seven states, which are Tamaulipas, San Luis Potosí, Hidalgo (state), Hidalgo, Puebla, Oaxaca, Chiapas, and Tabasco. Veracruz is divided into Municipalities of Veracruz, 212 municipalities, and its capital city is Xalapa, Xalapa-Enríquez. Veracruz has a significant share of the coastline of the Gulf of Mexico on the east of the state. The state is noted for its mixed ethnic and indigenous populations. Cuisine of Veracruz, Its cuisine reflects the many cultural influences that have come through the state because of the importance of the port of Veracruz (city), Veracruz. In addition to the capital city, the state's largest cities include Veracruz, Coatzacoalcos, Córdoba, V ...
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Puebla (state)
Puebla, officially the Free and Sovereign State of Puebla, is one of the 31 states that, along with Mexico City, comprise the Federal Entities of Mexico. It is divided into 217 municipalities and its capital is Puebla City. Part of east-central Mexico, it is bordered by the states of Veracruz to the north and east, Hidalgo, México, Tlaxcala and Morelos to the west, and Guerrero and Oaxaca to the south. The origins of the state lie in the city of Puebla, which was founded by the Spanish in this valley in 1531 to secure the trade route between Mexico City and the port of Veracruz. By the end of the 18th century, the area had become a colonial province with its own governor, which would become the State of Puebla, after the Mexican War of Independence in the early 19th century. Since that time the area, especially around the capital city, has continued to grow economically, mostly through industry, despite being the scene of a number of battles, the most notable of which being ...
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Hidalgo (Mexico)
Hidalgo, officially the Free and Sovereign State of Hidalgo, is one of the 31 states which, along with Mexico City, constitute the 32 federal entities of Mexico. It is divided into 84 municipalities and its capital city is Pachuca de Soto. It is located in east-central Mexico and is bordered by San Luis Potosí and Veracruz on the north, Puebla on the east, Tlaxcala and State of Mexico on the south and Querétaro on the west. In 1869, Benito Juárez created the State of Hidalgo and made Pachuca its capital city; ''"de Soto"'' was added later in recognition of , who is considered the most important driving force in creating the state. The state was named after Miguel Hidalgo y Costilla, the initiator of the Mexican War of Independence. The indigenous peoples of the state, such as the Otomi, retain much of their traditional culture. In addition to Mexicans of Spanish descent, there are also notable immigrant cultures: those of the descendants of Cornish miners from Cornwal ...
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Pemex
Pemex (a portmanteau of Petróleos Mexicanos, which translates to ''Mexican Petroleum'' in English; ) is the Mexico, Mexican State ownership, state-owned Petroleum industry, petroleum corporation managed and operated by the government of Mexico, Mexican government. It was formed in 1938 by nationalization and expropriation of all Mexican oil expropriation, private oil companies in Mexico at the time of its formation. Pemex had total assets worth $101.8 billion in December 2019 and as of 2009 was Latin America's second largest enterprise by annual revenue, surpassed only by Petrobras (the Brazilian national oil company). The company is the seventh most polluting in the world according to ''The Guardian''. History Asphalt concrete, Asphalt and Pitch (resin), pitch had been worked in Mexico since the time of the Aztecs. Small quantities of petroleum, oil were first refined into kerosene around 1876 near Tampico. By the early 20th century, commercial quantities of oil were being ...
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Mexico City
Mexico City is the capital city, capital and List of cities in Mexico, largest city of Mexico, as well as the List of North American cities by population, most populous city in North America. It is one of the most important cultural and financial centers in the world, and is classified as an Globalization and World Cities Research Network, Alpha world city according to the Globalization and World Cities Research Network (GaWC) 2024 ranking. Mexico City is located in the Valley of Mexico within the high Mexican central plateau, at an altitude of . The city has 16 Boroughs of Mexico City, boroughs or , which are in turn divided into List of neighborhoods in Mexico City, neighborhoods or . The 2020 population for the city proper was 9,209,944, with a land area of . According to the most recent definition agreed upon by the federal and state governments, the population of Greater Mexico City is 21,804,515, which makes it the list of largest cities#List, sixth-largest metropolitan ...
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Extra Heavy Crude
Heavy crude oil (or extra heavy crude oil) is highly viscous oil that cannot easily flow from production wells under normal reservoir conditions. It is referred to as "heavy" because its density or specific gravity is higher than that of light crude oil. Heavy crude oil has been defined as any liquid petroleum with an API gravity less than 20°. Physical properties that differ between heavy crude oils and lighter grades include higher viscosity and specific gravity, as well as higher molecular weight hydrocarbon composition. In 2010, the World Energy Council (WEC) defined extra heavy oil as crude oil having a gravity of less than 10° and a reservoir viscosity of more than 10,000 centipoises. When reservoir viscosity measurements are not available, extra-heavy oil is considered by the WEC to have a lower limit of 4° API. In other words, oil with a density greater than 1000 kg/m3 (or a specific gravity greater than 1) and a reservoir viscosity of more than 10,000 cen ...
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Tight Oil
Tight oil (also known as shale oil, shale-hosted oil or light tight oil, abbreviated LTO) is light crude oil contained in Unconventional (oil & gas) reservoir, unconventional petroleum-bearing formations of low Permeability (earth sciences), permeability, often shale or tight sandstone. Economic production from tight oil formations requires the same hydraulic fracturing and often uses the same Directional drilling, horizontal well technology used in the production of shale gas. While sometimes called "shale oil", tight oil should not be confused with oil shale (shale rich in kerogen) or shale oil (oil produced from oil shales). Therefore, the International Energy Agency recommends using the term "light tight oil" for oil produced from shales or other very low permeability formations, while the World Energy Resources 2013 report by the World Energy Council uses the terms "tight oil" and "shale-hosted oil". In May 2013 the International Energy Agency in its ''Medium-Term Oil M ...
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Natural Gas
Natural gas (also fossil gas, methane gas, and gas) is a naturally occurring compound of gaseous hydrocarbons, primarily methane (95%), small amounts of higher alkanes, and traces of carbon dioxide and nitrogen, hydrogen sulfide and helium. Methane is a colorless and odorless gas, and, after carbon dioxide, is the second-greatest greenhouse gas that contributes to global climate change. Because natural gas is odorless, a commercial odorizer, such as Methanethiol (mercaptan brand), that smells of hydrogen sulfide (rotten eggs) is added to the gas for the ready detection of gas leaks. Natural gas is a fossil fuel that is formed when layers of organic matter (primarily marine microorganisms) are thermally decomposed under oxygen-free conditions, subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other ...
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Vicente Fox
Vicente Fox Quesada (; born 2 July 1942) is a Mexican businessman and politician who served as the 62nd president of Mexico from 2000 to 2006. After campaigning as a Right-wing populism, right-wing populist, Fox was elected president on the National Action Party (Mexico), National Action Party (PAN) ticket in the 2000 Mexican general election, 2000 election. He became the first president not from the Institutional Revolutionary Party (PRI) since 1929, and the first elected from an opposition party since Francisco I. Madero in 1911. Fox won the election with 43 percent of the vote. Considered a social-welfare promoter, along with Julio Frenk Mora formulated, signed and implemented the Seguro Popular who helped circa 55 million independent workers. As president, Fox continued the neoliberal economic policies his predecessors from the PRI had adopted since the 1980s. The first half of his administration saw a further shift of the federal government to the right, strong relations w ...
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Petroleum Industry In Mexico
The petroleum industry in Mexico makes Mexico the eleventh largest producer of oil in the world and the thirteenth largest in terms of net exports. Mexico has the seventeenth largest oil reserves in the world, and it is the fourth largest oil producer in the Western Hemisphere behind the United States, Canada and Brazil. Mexico is a member of OPEC+ and the North American Free Trade Agreement. The petroleum sector is a significant contributor to the Mexican economy, with oil revenues generating almost 7% of Mexico's export earnings. In 2014, income from the petroleum sector made up 33% of public sector income, and taxes on the revenues of the state-owned oil company Petróleos Mexicanos (Pemex) formed roughly 20% of all tax revenues collected by the Mexican government in 2022. While a significant contributor to the overall Mexican economy, the industry has been criticized as a driver of pollution and environmental destruction.Cavazos-Arroyo, J., Pérez-Armendáriz, B., & Mau ...
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Geologic Formations Of Mexico
Geology (). is a branch of natural science concerned with the Earth and other astronomical objects, the rocks of which they are composed, and the processes by which they change over time. Modern geology significantly overlaps all other Earth sciences, including hydrology. It is integrated with Earth system science and planetary science. Geology describes the structure of the Earth on and beneath its surface and the processes that have shaped that structure. Geologists study the mineralogical composition of rocks in order to get insight into their history of formation. Geology determines the relative ages of rocks found at a given location; geochemistry (a branch of geology) determines their absolute ages. By combining various petrological, crystallographic, and paleontological tools, geologists are able to chronicle the geological history of the Earth as a whole. One aspect is to demonstrate the age of the Earth. Geology provides evidence for plate tectonics, the evolutionary ...
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