Pemex has gained approved for an exploration plan on a block won by the company in Mexico's Round 2.4, writes Kathrine Schmidt.

The plan involves the drilling of one exploration prospect in the Perdido foldbelt in late 2021.

The block is located about 217 kilometres (135 miles) south-east of the city of Matamoros off Tamaulipas state in water depths of 2100 metres, according to a plan presented to the country’s National Hydrocarbons Commission.