Currently viewing the category: "Energy Reform"

 

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 […]

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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 […]

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Despite the seemingly never-ending drop in oil prices worldwide, Mexico’s first-ever licensing round is still a go, and its contenders for the first set of exploration areas in shallow water assets have already been invited to bid. Data room access for each of the interested parties should be made available by January 15th and each […]

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Beyond Round One’s delays, the end of 2014 evidenced rugged terrain for the Mexican oil and gas industry. Adapting to the projected standards prescribed by the unprecedented Energy Reform is still far from reaching international best practices. PEMEX is slowly fitting into taking the role as the State’s Productive Enterprise and while it has still […]

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The last quarter of the year seems to evidence the exhaustion of a PEMEX model that no longer holds itself, no matter which angle it is looked at. The fact that the price of Mexican crude oil has dropped below the barrier of US$50 per barrel is just another factor of concern for the […]

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Round One Takes Off

On December 12, 2014 By

The bidding terms for the first blocks of Round One were presented yesterday in a ceremony that marked the starting point for oil exploration by local and international private companies in Mexico, something that was defined as an “unprecedented milestone in the history of the country“ by Pedro Joaquín Coldwell, Minister of Energy.

“Today […]

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