Trion News

Mexican revival

Feb 06, 2017

Reinvigorated following recent energy reforms, Mexico’s oil and gas industry will be on full display at the Petroleum Exhibition & Conference of Mexico (PECOM) in Villahermosa, Tabasco, this March. A…

Mexico's deepwater round ends in success

Dec 05, 2016

Mexico's highly anticipated deepwater bidding round, Round 1.4, in Mexico City resulted in eight of the 10 deepwater blocks in the Gulf of Mexico awarded.  Evaluating submitted bids. OE…

Mexico reveals prequalified bidders for deepwater round

Nov 29, 2016

Mexico’s Comisión Nacional de Hidrocarburos (CNH) has revealed a long list of individual international oil and gas companies, in addition to consortia, that have been prequalified for the country’s highly anticipated deepwater round set for next week…

Pemex plans aggressive farmout program

Nov 11, 2016

Mexico’s national oil company Petróleos Mexicanos (Pemex) unveiled its 2016-2021 business plan that will see the company take advantage of the Energy Reform with an aggressive farmout program, expecting to increase production by 15%. Image from Pemex…

Growing expectations

Nov 03, 2016

After some rough starts, Mexico’s energy future might be headed in the right direction. Mexico’s upcoming deepwater round and the state owned oil firm Pemex’s upcoming joint ventures were up for discussion at a recent event held by Rice University’s Baker Institute…

Pemex seeks shallow water farmout

Oct 18, 2016

Mexican state owned oil company Petróleos Mexicanos (Pemex) has applied to Mexico's Energy Ministry, SENER, for a joint venture for two shallow water fields in the Gulf of Mexico on 18 October, according to news reports. Image from Pemex…

Pemex reveals six discoveries off Mexico

Sep 14, 2016

Mexican national oil company Petróleos Mexicanos (Pemex) has made six oil discoveries offshore Mexico, with one particular find holding 140-160 MMboe of potential reserves. The company also revealed its plans to drill more than a dozen offshore exploration wells next year…

CGG to reprocess Perdido off Mexico

Oct 19, 2016

French seismic firm CGG will use ultramodern images help to assess exploration blocks in Mexico’s upcoming licensing round, in the Perdido fold belt. The reprocessing project, Encontrado, is a merge of nine existing surveys, acquired with different orientations…

CGG delivers Mexican seismic data

Sep 20, 2016

CGG's Fast Trax Reverse Time Migration (RTM) data from its Encontrado multiclient mega-merge project covering the Perdido fold belt has been delivered ahead of Mexico's December Licensing Round. The Encontrado reprocessing project is a merge of over 38…

Pemex offers deepwater Trion farmout

Jun 13, 2016

Mexican state oil company Petróleos Mexicanos (Pemex) has chosen its first-ever farmout deal by offering stake in its Trion deepwater field, in the Gulf of Mexico near the US border. Image of Gonzalez Anaya…

Mexico sets Round 2 terms

Jul 19, 2016

Mexico’s Ministry of Energy (SENER) has approved auction terms for the first phase of Round 2, which will auction 15 shallow water areas in the Gulf of Mexico. The round is set to open in late March 2017. Image from CNH…

GlobalData: Transparency is key for Mexico deepwater auction

Oct 07, 2015

As Mexico’s first offshore bidding round for already discovered fields saw bids significantly higher than the minimum set up by the government, adding further transparency to the process would be positive for the round as it approaches its deepwater phase…

Pemex picks Wood Group for offshore engineering

Aug 11, 2015

Wood Group has been awarded a three-year offshore engineering blanket order by PEMEX Procurement International for field development in Mexico’s Gulf of Mexico waters. The agreement, valued at up to US$28 million, encompasses deepwater and complex shallow water concept and basic engineering…

The Mexican offshore contract market

Apr 09, 2015

While the countdown to Round One has dominated activities in the Mexican offshore sector over the past 12 months, there have still been other notable contracts awarded. Pemex’s Ku-S platform in the Bay of Campeche…

Mexico promises “one-stop shop” for oil-gas safety regulation

Feb 17, 2015

Mexican officials, including the executive director of the Agencia de Seguridad Energia y Ambiente (ASEA), recently outlined Mexico’s reform efforts and highlighted issues on which the country is working including Transboundary field development…

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