José Antonio Gonzalez Anaya is the new General Director of PEMEX

President Enrique Peña Nieto introduced to José Antonio González Anaya as General Director of PEMEX, replacing Emilio Lozoya, taking possession on February 9th when he was officially presented by Lic. Pedro Joaquin Coldwell as the new CEO of the new Productive state enterprise (Empresa Productiva del Estado).

José Antonio González Anaya, leave the “Instituto Mexicano del SDirector General Pemexeguro Social (IMSS)” where his work was key to improving the finances of the institution, which was in a very critical situation and required a restructures that would allow financial viability immediate future.

Now as General Director of PEMEX faces even a greater challenge, he take care of “Petroleos Mexicanos” within a never imagined crisis, partly because of the drop in oil prices, in an full Restructuring process as part of Energy Reform, lack of funds, increasing debt, a huge burden for labor liabilities representing his big staffing of trust and union personnel

Undoubtedly one of the biggest challenges Gonzalez Anaya will face is the imminent negotiation of the working conditions of PEMEX Union, where the conditions of the collective bargaining agreement in effect differ much from the boom conditions of PEMEX in the past.

José Antonio González Anaya is from Coatzacoalcos, Veracruz. he graduated with a bachelor’s degree in Economics and Mechanical Engineering from the Massachusetts Institute of Technology.

He completed a master’s degree and a doctorate in economics from Harvard University.

Some of the important positions of public administration are:

In 2006, he work for the Secretary of Finance Agustin Carstens team.

In August 2010, he was appointed as Sub secretary of “Secretaría de Ingresos de Hacienda y Crédito Público (SHCP)” in charge at the time of Ernesto Cordero.

Already during the administration of President Peña Nieto on December 4th, 2012 González Anaya was entrusted as a General Director of the “Instituto Mexicano del Seguro Social (IMSS)”.

With extensive experience in management and a key knowledge of the budgetary control, the highly disadvantage faced by the new General Director of PEMEX is his ignorance in the Technical Operation area, it is currently going through a critical period, which is evident with the frequent accidents such as happened in Abkatun Alfa facilities in recent months.

The consequences involved in these changes and what priorities will be stablish by the new PEMEX CEO, creates nationally and internationally high expectations for more favorable news in the near future for the Mexican Oil industry.

PEMEX discovers new oil fields

This year Petroleos Mexicanos explore 30 wells, obtaining 45 percent success in their commercial viability (above the international average), allowing to incorporate total 3P reserves (Proven, Probable and Possible) by about a billion oil barrels equivalent, of which 57% are light oil and gas condensate, 20 percent heavy oil and 23 percent to non-associated gas, with an average discovery cost of $ 2 dollars per barrel.

Thereby, Pemex will reach a rate of return of 3P reserves of 85 percent, it will be possible to reverse the downward trend that has occurred in this indicator. The total investment in exploration activities this year amounted to 35 billion of pesos.

With new discoveries of Teocalli-1001 and Jaatsul-1 wells in shallow waters, it is estimated to achieve a production of 40 thousand oil barrels and 30 million cubic feet of gas per day. Coupled with the four discoveries announced in the first half of this year, the additional production in shallow waters rise by 140,000 oil barrels and 120 billion cubic feet of gas per day by early 2018.

In order to provide certainty and accelerate the development of discovered fields, Pemex developed a major program of delimiters wells next year. For this reason, the Board of Directors authorized to allocate $ 300 million dollars that will boost the program boundaries. In this sense, we successfully defined the eastern bloc Tsimin shallow water field in the Litoral de Tabasco, which may start its development and subsequent operation.

With regard to deep water, we were able to delimited the Nat field, we discovered Hem fields in front to the coast of Veracruz, and Cratos in the area of ​​Cinturon Plegado Perdido at north of the Gulf of Mexico in front of Tamaulipas. Currently it delimited in this same area the Exploratus field.

Also, two land areas were discovered in Veracruz near to existing infrastructure fields (Licanto 1 and Licayote 1) to incorporate an approximate production of 4,000 oil barrels and 90 million gas cubic feet per day by the end of 2016.

Source: PEMEIMG_3553X Exploración y Producción 9/12/2015

Three Year Contract for Wood Group by PEMEX

imageWood Group has been awarded a three-year offshore engineering blanket order by PEMEX Procurement International for field development in Mexico’s Gulf of Mexico waters. The agreement, valued at up to US$28 million, encompasses deepwater and complex shallow water concept and basic engineering, and owner engineer services.Work will be performed by Wood Group Kenny and Wood Group Mustang and will comprise field development planning and engineering of topsides facilities; subsea umbilicals, risers and flowlines (SURF); and floating systems. Services will be performed for the following potential oil and gas field developments:

‘Mexico’s energy reform is leading to significant development of the country’s oil & gas industry and Wood Group offers PEMEX unparalleled Gulf of Mexico expertise,’ stated Robin Watson, chief operating officer of Wood Group. ‘Wood Group Mustang and Wood Group Kenny are the leaders in Gulf of Mexico facilities design and SURF, respectively. Their integrated solution will include best practices for offshore and complex facilities that will help to expand Mexico’s offshore capabilities.

Fuente: OilVoice News