UPDATE 3-Mexico's Pemex unveils biggest oil find in years, sees 200,000 bpd boost
* Pemex says fields could start coming onstream in 16 months
* Says would take around three years to reach full capacity
* Finds could help boost government revenue (Adds minister comment, detail on location and output timing)
By David Alire Garcia
GUADALAJARA, Mexico, June 10 (Reuters) - Mexican state oil company Pemex said on Wednesday it had made one of its biggest discoveries in years, unveiling new shallow water oil fields in the southern Gulf of Mexico that could produce 200,000 barrels per day (bpd) by mid-2018.
The total proven, probable and possible reserves of the fields could be as high as 350 million barrels of crude-oil equivalent, Pemex's Chief Executive Officer Emilio Lozoya told an oil conference in Guadalajara.
The new fields off the coast of Tabasco and Campeche states comprise three of light crude and one of heavy crude, and could start coming onstream in 16 months, Pemex said.
"It's a recent achievement and one of great magnitude," Lozoya said.
The fields would take around three years to reach their full 200,000 bpd capacity, Jose Antonio Escalera, director of exploration for Pemex, told Mexican radio. Continuación...