On Monday evening, Edgar Rangel Germán, Commissioner of CNH, posted on his Twitter account about CNH’s efforts to set a trend in Enhanced and Improved Oil Recovery, colloquially known as EOR and IOR.
Both methods involve any process, or combination of processes, that are applied to economically increase the volume of oil recovered from the […]Continue Reading →
Investors are delighted. Yesterday, the information related to deepwater seismic studies and well packages, including guidelines, specifications, procedures, cost, and required forms was released by CNH. A total of 55 wells off the coasts of Tamaulipas, Veracruz, and Tabasco will be tendered in 20 blocks. This information is situated in the data room and has been divided […]Continue Reading →
This Friday, the 15th of September, the Ministry of Finance and Public Credit set the requirements for the second phase of Round One. This round concerns the allocation of five production-sharing contracts for 14 shallow water blocks off the coasts of Tabasco, Campeche, and Veracruz. These are no longer exploratory fields, but rather proven reserves, […]Continue Reading →
The third phase of Round One is expected to be a detonator for the national oil industry by attracting many small firms, particularly national players, interested in becoming operators. The heightened interest in this round could be explained by certain changes that have been implemented. Firstly, Round One L-03 no longer focuses on companies’ financial […]Continue Reading →
The first tender of Mexico’s Round One, which took place on the 15th of July, has made many appearances in recent news next to unflattering adjectives such as “disappointing” or even “catastrophic”. While the first phase of Round One, Round L-01, did not meet expectations that oil companies would jump at a chance to explore […]Continue Reading →
Mexico Oil & Gas Summit 2015 has arrived. Tomorrow, July 22nd, the Mexican oil industry comes together to reflect on its latest milestones, with 400 industry leaders discussing key trends and sharing valuable perspectives. Guests range from industry regulators to executive members of the private sector, with the Salón Independencia the Hotel Sheraton María Isabel in Mexico City will […]Continue Reading →