Sierra Oil & Gas expects to begin producing first oil at its Zama-1 well in about four years, Iván Sandrea, the company’s CEO told the Mexico Oil & Gas Summit 2017. Presenting the opening keynote presentation, The Saga of Zama, in Mexico on Wednesday, the head of the first private player to strike oil […]Continue Reading →
The outlook for tenders in Mexico’s oil and gas industry came into clearer focus this week with the disclosure of the next rounds for deepwater, onshore conventional and non-conventional resources and shallow waters, according to information obtained by Mexico Oil & Gas Review.
CNH will announce Rounds 2.4 and 2.5 in July, Round 3.1 in […]
by Oscar Tello
Interview with Juan Carlos Zepeda, President Commissioner of CNH
Q: How is CNH building on the results from the bidding […]
by Arturo Mora
With the first four stages of Round One out of the way, mid-2017 will see the initiation of the National Hydrocarbons Commission’s second leg of licensing rounds: Round 2.1, 2.2 and 2.3. The success of December’s deepwater round is still fresh and hopes are high for the onshore and shallow water rounds to be […]Continue Reading →
As US President Donald Trump locks in his ascension to power at Friday’s inauguration, analysts studying the outlook of Mexico’s oil and gas industry face a complex task. While the IMF predicts “US-related uncertainty” will sap Mexico’s economic growth in 2017, the country’s opening oil and gas sector is still celebrating the resounding success […]Continue Reading →
Mexico’s state-owned oil company PEMEX was denied a request to migrate its huge Ku-Maloob-Zaap asset to a single Exploration and Extraction Contract without a partner, in a move that could have lowered the tax burden attached to the Gulf of Mexico field, media reports said.
The proposal, presented to CNH by SENER, was found to […]Continue Reading →