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Burgos Basin
In July 2017, Mexico’s national energy ministry (SENER) opened the onshore portion of the Burgos Basin, a shale-rich basin in northeastern Mexico, for natural gas exploration and development by private companies.
Most of Mexico’s oil production occurs off the eastern coast of the Bay of Campeche in the Gulf of Mexico. The largest production center is the Northeastern Marine region, consisting of the Ku-Maloob-Zaap (KMZ) and Cantarell complexes, of which the KMZ produces the overwhelming majority.
Venezuela has the largest oil reserves of any country in the world, with more than 300 billion barrels of proven reserves.
Natural gas also occurs with deposits of crude oil, and this natural gas is called associated natural gas. Natural gas deposits are found on land, and some are offshore and deep under the ocean floor. A type of natural gas found in coal deposits is called coalbed methane.
Mexico is among the world’s largest producers of oil, silver, copper, gold, lead, zinc, natural gas and wood. Other minerals, such as mercury, cadmium, antimony, manganese, iron and coal are also found. Mexico borders the Pacific Ocean, the Caribbean Sea, and the Gulf of Mexico.
Oil and gas result mostly from the rapid burial of dead microorganisms in environments where oxygen is so scarce that they do not decompose. This lack of oxygen enables them to maintain their hydrogen-carbon bonds, a necessary ingredient for the production of oil and gas.
Natural gas is primarily methane with several percent of ethane and other traces of light hydrocarbon gases. It is always “longer-chain” hydrocarbons. Oil may be formed from animal as well as plant decomposition, and has relatively shorter hydrocarbon chains, making it a liquid instead of a solid.