Talos Energy, Pemex and the Zama Drilling Project…

What is the Zama Drilling Project?

The Zama Drilling project is going to be made of various groups, but the two most important ones are Talos Energy and also Pemex. Talos Energy is a company from the United States of America. Oil production is of a high level of interest for them just as it is for Pemex. Pemex is a state ran entity for the Mexican government. Their goal, as well, is to produce oil and similar fossil energies. Together, these groups of drillers will be investing over $325 million dollars in new infrastructure. The infrastructure will be used to drill in two pond locations along the southern Gulf of Mexico.

They were Next to Each other Anyway…

Pemex has been drilling there for some time now. Talos Energy would love to have their drilling numbers. What’s in it for Pemex? Well, the president of Mexico feels that they could have had a lot better production numbers for the past decade and a half. Once Talos gets started in their neighboring area, they’ll have plenty of everything to contribute to the state ran oil producer. It’s a situation that will assist all of those involved. The combined investment in new drilling infrastructure (shared by the group,) is nothing to bat an eyelash at either! That amount comes very close to half a billion dollars.

Where the Gas will wind up is Important…

Where all of this gas will wind up is the most important part of this story. It will wind up in the US and Mexico. It will wind up in the local markets, and this is good. These are two countries that have dealt with the issues of oil dependence for some time. By working together, they are freeing each other in a sort of way. Click here