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Mexico signs contracts from Round 2.1

Sep 26, 2017

Mexico has signed 10 exploration and extraction contracts with bid round winners from this June's shallow water Round 2.1. Companies signing contracts on Monday (25 September) included Mexico's state owned firm Pemex and its partners Germany's DEA and Colombian operator Ecopetrol…

Petronas to open Mexico City office

Aug 02, 2017

Petronas subsidiary PC Carigali Mexico Operations is opening a Mexico City office in Q3 2017 that will help support the company’s operations in the Salinas basin. In all, Petronas has 5491sq km in gross acreage in the Salina Basin. In June…

Mexico's second deepwater round set for January

Jul 19, 2017

Mexico’s National Commission of Hydrocarbons (CNH) announced that 30 blocks will be offered in the country’s second deepwater round on 31 January 2018. Image of Mexico's first deepwater round held in December 2016…

Talos makes major "historic" oil find off Mexico

Jul 12, 2017

Talos Energy and partners Sierra Oil and Gas, and Premier Oil have made an estimated 1.4-2 billion bbl, 'world-class' light oil discovery at the Zama-1 exploration well, offshore Mexico. The find has been described as one of the 20 largest…

Mexico's Round 2.1 awards 10 blocks

Jun 19, 2017

Mexico is celebrating its successful shallow water round, Round 2.1, which has awarded 10 of 15 blocks in the Gulf of Mexico today (19 June). Image of Juan Carlos Zepeda, kicking off Round 2.1…

NXT starts GoM airborne survey

May 18, 2017

NXT Energy Solutions has started work on the first-ever Stress Field Detection (SFD) Multi-Client Survey in the Gulf of Mexico. NXT’s patented SFD Technology has been approved by the Comisión Nacional de Hidrocarburos, (CNH), for work credits by exploration companies in Mexico…

Mexico’s big opportunity

May 01, 2017

Audrey Leon chats with Statoil’s Helge Hove Haldorsen about the positive results emerging from Mexico’s energy reform, how it compares to Statoil’s own experience as a state-owned operation, and its overall strategy in the Mexican Gulf. Helge…

CNH delays Pemex's 2nd farmout deadline

Apr 14, 2017

Mexico is delaying the bid process for companies to partner with Petróleos Mexicanos (Pemex) for its shallow water areas Ayín-Batsil, by three months. Image from Pemex. The country’s regulator…

Mexico finalizes 7 deepwater pacts

Mar 13, 2017

Mexico’s National Hydrocarbons Commission (CNH) finalized seven deepwater Gulf of Mexico contracts, as part of the country’s Round 1.4 held last year. Image of Mexico’s Energy Secretary Pedro Joaquín Coldwell…

Pemex, BHP Billiton make Trión pact official

Mar 03, 2017

Mexico’s state owned oil company Pemex and Australia’s BHP Billiton have made their partnership official, signing an agreement to jointly develop the deepwater Trión discovery, offshore Mexico, both firms announced today (3 March). In December…

Chevron-led JV inks Mexico deepwater pact

Mar 01, 2017

Chevron and Inpex will make their entry into the Mexican Gulf of Mexico, following an agreement signed between the US supermajor, Japanese giant, and Mexico’s Petróleos Mexicanos (Pemex), for the exploration of Block 3 North in the Perdido Fold Belt…

South American Spotlight

Mar 01, 2017

Old and new provinces continue to bring forth new activity in Latin America, from new finds in Guyana to the ongoing pre-salt programs in Brazil. Michael Borrel sets out the detail. Latin America has become increasingly attractive to both local and foreign investors…

A ‘Gigante’ splash

Mar 01, 2017

Audrey Leon catches up with TGS’ Chris Corona on some of the geophysical firm’s latest programs offshore Mexico. Photos from TGS. OE: What is your perspective on current activity off Mexico…

Pushing forward

Mar 01, 2017

Mexico’s energy reform has weathered both the storms of public scrutiny as well as the bad luck of launching during a global oil price downturn. Despite the challenges, Mexico has seen some modest success, but will it continue? Audrey Leon reports…

Trión first oil set for 2023

Feb 27, 2017

Mexico’s Petróleos Mexicanos (Pemex) expects to carry out exploration activities at Trión this year, with initial production slated to start in 2023. Image of José Antonio González Anaya, from Pemex Flickr…

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