Our most productive petroleum project is located in the Burgos Basin. With vast, as-yet-untapped resources which are economically extractable, it is an area that has been attracting an increasing number of international and national mining companies over the past few years.
The resource-rich area, which extends from land into deep waters, experiences significant tectonic activity, which has led to many discoveries of gas, oil and other natural resources. Our project is in the Burgos Basin’s region of Tamaulipas, where many of the largest fields in the entire Gulf of Mexico are located. The sub-basin contains billions of barrels of oil.
Operational since 2018, we now have three platforms. We have steadily increased our production levels and accompanying capacity over the last year, enabling us to produce an average of 90,000 barrels of oil per day. We are currently improving infrastructure to increase this average to 100,000 BPD and have plans to install a fourth platform by 2023 to increase yield further.