Currently viewing the tag: "Trion"

Ulises Hernández has worked at PEMEX for over 19 years and was appointed to his current position in March 2018. He holds a Ph.D in geology from Reading University. He has been the President of the Petroleum Geologists Mexican Association and Vice President of the Mexican Geology Society. Last year, he spoke to Mexico Oil […]

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Interview with Aldo Flores, Undersecretary of Hydrocarbons at the Ministry of Energy 

[This is a sneak preview that can also be found in our mini-book. For more information on the industry and the insiders’ perspective, order our Mexico Oil & Gas Review 2017]

Q: What did the Energy Reform accomplish before […]

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Mexico’s oil regulator announced that PEMEX’s agreed stake in the upcoming Trion farm-out is to be reduced to 40 percent, down from the original 45 percent. The Trion block, located in the Perdido Fold Belt, is set to become the first area in Mexico’s deep waters involved in a joint venture between PEMEX and […]

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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 […]

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Farm-outs, joint-ventures, and the fresh rendering of Mexico’s hydrocarbon sector backed by the Energy Reform have caught the attention of the international oil and gas industry, where the unprecedented changes in the country are a simmering reality that has kept the expectation at a constant high. Time is only ticking for the first set of […]

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Farming out exploration and production blocks in Mexico’s hydrocarbon assets is clearly a trending topic in the international oil and gas community. Just a few days after the enactment ceremony of the Secondary Laws, PEMEX’s E&P Director General Gustavo Hernández revealed a list of potential partners to tap into the country’s deepwater opportunities. Given […]

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