State oil company Pemex is set to add a billion barrels of oil equivalent to reserves after discovering a gas field that, within four years, will yield 80,000 barrels per day of condensates and 700 million cubic feet per day of gas to feed petrochemical units in south Mexico. The discovery in the Ixachi field, state of Veracruz, “is the most important made in the inland portion in the last 25 years and the fourth biggest at a worldwide level in the last decade,” the company said on Tuesday . The company said that the field, located 45 miles from the Veracruz port, was initially reported a year ago, but that it now knows after tests that it has a “bigger […]