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Woodside approves Trion development in Mexico

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Woodside approves Trion development in Mexico

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Natural Gas News
Woodside approves Trion development in Mexico

Summary

The Trion resource is a large conventional oil and gas reservoir, estimated to hold 479mn barrels of oil equivalent of best estimate (2C) contingent resources. by: Shardul Sharma

Woodside, an Australian energy company, has made a final investment decision to develop the Trion resource located in Mexico, it said on June 20. Woodside will be the operator with a 60% participating interest, while PEMEX Exploración y Producción holds the...

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Natural Gas & LNG News, Americas, Asia/Oceania, Corporate, News By Country, Australia, Mexico

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Related Knowledge Center: ENERGY BASICS: petroleum

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While electric-powered vehicles may be the ride of the future, oil remains at least for now the dominant fuel for transportation around the world. And after a period of time at the end of the 20th century when oil was subject to wide fluctuations in price, new supplies in North America as a result of non-conventional recovery techniques have helped stabilize prices.

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