CLEAN : Despite cuts Mexicos Pemex still plans on deep water drilling

The video discusses the varying production costs in oil wells and Pemex's focus on profitable production at $25. It highlights Pemex's strategic move into deep waters through partnerships, reducing financial resource requirements and sharing risks. Pemex remains a key player in Mexico's energy sector, especially with the energy reform, but it will no longer be the sole entity in this space.

What is the main focus of Pemex's production strategy?

• To produce at any cost

• To ensure production is profitable at $25

• To increase production volume

• To avoid deepwater projects

What new advantage does Pemex have compared to two years ago?

• It can operate independently

• It has more financial resources

• It has reduced production costs

• It can partner with other companies

How does partnering with others benefit Pemex?

• It eliminates the need for deepwater projects

• It reduces financial requirements and shares risks

• It allows for complete control over projects

• It increases production costs

What role will Pemex play in the new energy landscape?

• It will be the sole player in the energy sector

• It will focus only on deepwater projects

• It will have a diminished role

• It will play a significant but not exclusive role

What is Pemex's status in Mexico's energy sector?

• It is a new entrant

• It is a private company

• It is the emblematic company of the country

• It is a minor player