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Mexico announced the discovery of the largest oil field on Friday since 1987, Reuters reported

“Pemex said it first discovered the field in Tabasco state in May, before beginning studies to evaluate its viability. The site, called Quesqui, is a so-called 3P reserve, made up of deposits considered proven, probable and possible,” the source noted.

Its volume is 500 million barrels.

According to the head of Petroleos Mexicanos, Octavio Romero, the first well was drilled in June, and now the well produces 4,500 barrels per day.

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