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Mexico is still waiting to frack for natural gas

Monday, August 21, 2017

Mexico has fracked just a few test wells, while the U.S. has had nearly 2 million commercial ones. Mexico hasn't yet produced shale gas.

Thanks to the 2013 Energy Reforms that loosened monopoly laws, Mexico's energy sector is now far more open to foreign investment. The National Hydrocarbons Commission envisions fracking from non-conventionals within a few years, but probably no significant levels until sometime after that.

Source: Forbes