It will be a palliative to reopen the wells
02 MIN 30 SEC
Diana Gante
Mexico City (May 13, 2025) - 5:00 a.m.
Through a document issued by Pemex Exploration and Production (PEP) dated May 6, José Luis González Huerta was assigned responsibility for the Closed Well Reactivation Project. Credit: Special.
Petróleos Mexicanos ( Pemex )'s plan to reopen wells to offset the decline in domestic oil production would be a short-term "band-aid" because it is not a sustainable strategy, according to an industry analyst.
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