More Trouble In Mexico's $11 Billion Chicontepec Oil Project.

BLOOMBERG.
The $11.1 billion onshore Chicontepec oil project has failed to meet targets, Energy Minister Georgina Kessel said. “Chicontepec has not been generating the production we expected and we have to evaluate with Petroleos Mexicanos how the field is working, and our strategy moving forward.”
Chicontepec, which stretches across Mexico’s Puebla and Veracruz states, will only produce 60,000 barrels a day by year's end, down from a forecast of 72,000.