It will be a palliative to reopen the wells

Through a document issued by Pemex Exploration and Production (PEP) dated May 6, José Luis González Huerta was assigned responsibility for the Closed Well Reactivation Project. Credit: Special.

Petróleos Mexicanos ( Pemex )'s plan to reopen wells to offset the decline in domestic oil production would be a short-term "band-aid" because it is not a sustainable strategy, according to an industry analyst.