Abstract
The Mexican gas basins have played an important role in the energy industry as well as providing strategic investment opportunities. In 1999 Mexico produced about 1.29 Tcf of natural gas, consuming 1.26 Tcf. Pemex had the exclusive function for the transportation and storage of natural gas. With the new reforms, new laws permit private participation in these activities. Considerable increases in production can be observed in different fields of the northern region, making this the most important gas province in Mexico. Pemex is planning to improve the production in all its facilities for the next 10 years with new technology and strategic procedures, and is contemplating exploration and development in Sabinas, Burgos, exploration offshore Burgos, exploration at Sierra Madre, and exploration and development in Veracruz and southern basins.