The Bidding Guidelines for the first call for bids to award production-sharing contracts for the exploration and production of hydrocarbons in the 14 shallow water blocks were published on December 11th, 2014.
The bidding process consists of three different phases:
Phase 1: Application for access to the Data Room (Deadline: March 17th 2015)
Phase 2: […]Continue Reading →
In the aftermath of the Energy Reform, the federal government also took a number of measures to secure the participation of domestic firms and the creation of a national supply chain. These measures stipulate that new entrants into the market must have a minimum level of national content within their operations, starting at 25% in 2015 […]Continue Reading →
In the latest episode of the ongoing saga of the Energy Reform in Mexico, the National Hydrocarbons Commission (CNH) announced this morning the foundations for the second stage of Round One. In an extraordinary meeting, CNH Commissioners approved the bidding processes for nine hydrocarbon fields with 2P reserves, located north of the 14 blocks included […]Continue Reading →
Mexico’s Upstream Oil and Gas Industry Ambitions
Why has Mexico placed all of its bets on a constitutional Energy Reform?
Since 2005, a dramatic decrease in national production began taking a toll on the country’s resources. Even though investment was still increasing, PEMEX did not have enough […]Continue Reading →
The long-awaited Mexico Oil & Gas Technology Forum 2015 will bring together high-profile industry leaders this coming January 28th at the Sheraton Maria Isabel in Mexico City. Among a broad list of renowned speakers, the process of defining the diversification of the country’s production portfolio is a trending topic in the global oil and […]Continue Reading →
Commissioned by PEMEX, the 2015 Pan American Mature Fields Congress is a unique gathering of experts and engineers from all corners of the Americas that will focus on optimizing recovery from mature fields.
Mature fields account for over 70% of global production. With average recovery factors of 70% for gas and 35% for […]Continue Reading →