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Pemex Accelerates Its Plan to Reactivate About 400 Closed Wells From Private Hands

Summary by El Pais
Pemex will reach out to the private sector to refloat its crude oil and natural gas production. Through service contracts with companies, the oil company seeks to reactivate its well recovery program, which was closed due to its high cost of extraction or geological risk, in the midst of one of its biggest financial crises. Sources of the sector report that there are dozens of wells in land fields in the states of Campeche, Tabasco, Veracruz and…

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Pemex will reach out to the private sector to refloat its crude oil and natural gas production. Through service contracts with companies, the oil company seeks to reactivate its well recovery program, which was closed due to its high cost of extraction or geological risk, in the midst of one of its biggest financial crises. Sources of the sector report that there are dozens of wells in land fields in the states of Campeche, Tabasco, Veracruz and…

·Spain
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El Pais broke the news in Spain on Monday, October 13, 2025.
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