A pipeline network with spare capacity could allow Mexico to export oil and gas from its flagship offshore Trion project to the U.S., the head of Mexico’s oil regulator said March 9.The deepwater Trion development, with prospective reserves of almost 500 million barrels of oil, was farmed out in December by state-run Pemex to Australia’s BHP Billiton , which became the operator of the $11 billion project.Although a development plan has yet to be submitted, the consortium could use a cheaper and quicker option of getting production to the United States by using pipelines that serve the neighboring Great White field on the U.S. side of the Gulf of Mexico (GoM), Juan Carlos Zepeda, head of the national hydrocarbons commission (CNH), said on the sidelines of CERAWeek energy conference in Houston.
[Read More …]
Source: Daily Dose of ShaleDirectories.com News