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The infrastructure will transport and permanently store up to an initial 4 million tpy of CO 2 with start-up expected in 2028. NEP, via the Endurance saline aquifer and adjacent stores, has access to up to 1 billion t of CO 2 storage capacity. Already a member?
Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil Natural Gas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services HydraulicFracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, (..)
Representing the first deepwater oil production in Mexico, the project is a joint venture between Woodside Energy and Petróleos Mexicanos (PEMEX), with first oil targeted for 2028. Read the latest issue of Oilfield Technology magazine for upstream news, project stories, industry insight and technical articles. Already a member?
Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil Natural Gas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services HydraulicFracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, (..)
Drilling is expected to be completed by early June, with hydraulicfracturing commencing shortly thereafter and first production anticipated in early August. For the period from 2026 through Q1 2028, the hedges secure pricing at $64.29 per barrel WTI and $4.28 per MMBtu Henry Hub. per barrel WTI and $4.09 per MMBtu Henry Hub.
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