Regulators in Mexico have signed off on a development plan for Mulach, the ninth field to be approved in a group of about 20 fields designated as top priorities for increasing production in the country by the administration of President Andres Manuel Lopez Obrador, writes Kathrine Schmidt.
The plan covers investments of $549.69 million over the life of the field, which is aiming to hit peak production of about 8700 barrels per day in 2021, according to the National Hydrocarbons Commission (CNH).
