Pemex’s pioneering deep-water drilling progamme at the Vasto-1 wildcat using the Bicentenario semi-submersible is close to breaching the 3000-metre mark, just 10 years after the company launched deep-water operations.

Deep-water activity is already making an important contribution to Pemex’s reserves replacement. Pemex has sustained a 35% success rate in exploration, despite wading out into deep-waters for the first time, with 30 wildcats.

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