The National Hydrocarbons Commission (CNH) tendered 29 blocks last Wednesday in the Round 2.4. The results of this auction surpassed the government’s expectations, managing to award several blocks. Major industry players participated actively in this round.
The block is the most important discovery since the start of Energy Reform and would have 2Bbl. CEO Carlos Treviño also spoke about the firm’s plans for 2018.
The National Hydrocarbons Commission (CNH) will carry out a new tender for offshore oil blocks. Expectations are high because of the huge potential and some blocks are drawing a lot the attention.
The National Hydrocarbons Commission (CNH) announced the date for Round 3.2 which will auction several onshore blocks.
More than half of Mexico’s shale gas potential is located at the north, in the state of Tamaulipas.
The Mexican government will carry out a deep-water auction later this month. Pedro Joaquín Coldwell, Secretary of Energy, spoke about the expectations of this new process.
The NOC will group small onshore areas in Tabasco, Chiapas and Veracruz, to launch tenders during this year, seeking associations with global firms.
Alfa, through its subsidiary Newpek, and Jaguar Exploración y Producción (JEP), which is part of the Topaz and Cydsa investment fund, took a leading role in Mexico’s energy market after financing important projects.
The Mexican Association of Hydrocarbon Companies (Amexhi) said that if Pemex maintains the investment levels it has in recent years, it will require 15 successful rounds and an investment of US$640B by 2040 to achieve a production of 2.8mmbd.
The National Hydrocarbons Commission (CNH) has tried to tender the commercialization of the State’s share from new contracts without success. However, CNH has a new plan to achieve it.
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