Today, Nov. 7, Round 1.3 block winner Canamex Energy Holdings, which is a consortium between Canamex Dutch, Perfolat de México and American Oil Tools, was given permission by the CNH to decline its E&P contract in their awarded block called Moloacán, located in Veracruz. The operator cited its high and “unviable” additional royalty of 85.69 […]Continue Reading →
The transparency of the process, the rules and what the regulators learn should be the key determinants when gauging the success of the licensing rounds, Ernesto Marcos Giacomán, Director General of Marcos & Asociados, said at the Mexico Oil & Gas Summit 2017 in Mexico City on Tuesday.
“The number of blocks assigned is often […]Continue Reading →
Interview with Juan Carlos Zepeda, President Commissioner of CNH
Q: How is CNH building on the results from the bidding […]Continue Reading →
Fieldwood Energy and its Mexican partner PetroBAL could start production as soon as 2019 on the two shallow water oil fields it won at an auction last year in Mexico’s newly opened oil & gas sector, Fieldwood’s CEO Matt McCarroll told Bloomberg News in an interview this week.
The Ichalkil Pokoch fields’ potential appears to […]Continue Reading →
On September 6th Mexico’s Ministry of Finance released the minimum royalty values for companies participating in Round One’s last oil tender, as well as the economic conditions for the Trion farm-out. Both announcements have been highly anticipated by the operators expecting to enter the deep-water market in Mexico.
Regarding the deepwater oil tender, the Ministry […]Continue Reading →
In an excerpt from his exclusive interview with Mexico Oil & Gas Review 2016, David Enriquez, Partner at Goodrich Riquelme y Asociados explains why the general public’s conceptions about Round One L-04 and its impact on the economy are flawed and reviews the success of Round One L-03.
Q: What should Mexico expect in terms of […]Continue Reading →