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 Pedro Joaquín Coldwell, Minister of Energy
Q: What is the Ministry of Energy’s perspective on the results of […]Continue Reading →
The sudden and severe drop in global oil prices has led to difficulties for a vast majority of oil companies, and PEMEX is far from being spared from disaster. Production at the parastatal is at its lowest level in six years, and adding to its intrinsic challenges comes a decline in drilling activities.
In 2014, […]Continue Reading →
After months of waiting, the Ministry of Energy (SENER) finally announced the deepwater blocks that would be tendered in Round One’s phase four, the crown jewel of the reform. To the surprise of industry experts, the ten blocks on offer are very different to those originally planned by the authorities earlier this year. They are […]Continue Reading →
Just three days after the successful R1-L3 that oversaw the allocation of no less than 100% of the 25 fields tendered, government officials and experts voice their hopes and concerns over the results.
Lourdes Melgar, Undersecretary of Hydrocarbons at the Ministry of Energy (SENER), explained that the design of the tenders was consciously […]Continue Reading →
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 →