This is what companies that invested in Mexico had to do, now that President Andres Manuel Lopez Obrador (AMLO) decided to stop oil rounds.
The National Hydrocarbons Commission (CNH) approved five exploration plans for two blocks. Here are the details.
Pemex’s extension period to drill an exploratory well and evaluate its share in the Zama area expired a week ago, the National Hydrocarbons Commission (CNH) said.
The NOC has failed in 50% of its attempts to find oil or gas in deep waters.
Pemex and the Mexican government have great hopes for the development of 20 priority fields to increase the country’s oil production in the short and medium term. The NOC disclosed production expectations in one of these fields.
Pemex was rumored to be planning to take control of the Zama field from Talos Energy, which made a significant discovery on the edge of its block, adjacent to an area belonging to the NOC. This created a controversy in the country and Talos announced an important decision on the mater.
Pemex announced its investment plans for the next few years, leaving aside deep-water projects. Carlos Salazar Lomelín, Director of the Business Coordinating Council (CCE), spoke about the interest of private companies to invest in these projects.
These are the three new areas that Pemex will soon develop.
The National Hydrocarbons Commission (CNH) approved the development plan for the AE-0150-Uchukil area. Here are the details.
The NOC’s production have been decreasing for years, but the National Hydrocarbons Commission (CNH) highlighted new discoveries that can help Pemex turn its situation around.
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