ION Geophysical Corp. announced the availability of fast-track pre-stack time migrated (PSTM) data from the first phase of its MexicoSPAN program. Currently being acquired, phase one encompasses more than 22,000km of deep-imaged two-dimensional (2D) seismic data…
Dolphin Geophysical has commenced the East Campeche 2D long offset multi-client survey in Mexico, utilizing the M/V Artemis Arctic. The licensed approved 19,597 line-km survey is well positioned towards the recent Mexican announced five-year…
Mexico's Comisión Nacional de Hidrocarburos (CNH) authorized permits for Electromagnetic Geoservices (EMGS) to acquire about 88,000sq km of 3D electromagnetic (EM) multi-client data over a five-year period off Southern Mexico. SENER’s…
Mexico’s National Hydrocarbons Commission (CNH) opened the first public tender process early this morning (15 July) in the country's historic and disappointing Round One that offered Mexico's upstream opportunities to international companies for the first time in decades…
Mexico’s national oil company Petróleos Mexicanos (PEMEX) is joining a list of international oil and gas companies by opting out of Mexico’s historic Round One. Image from PEMEX. At an event in Mexico City…
Mexico’s ALFA S.A.B. and US-based Harbour Energy are terminating the proposed US$5.3 billion acquisition of Toronto-based Pacific Rubiales Energy. Image from Pacific Rubiales. 'The…
Mexico’s Comisión Nacional de Hidrocarburos (CNH) revealed that four companies have opted to withdraw from the country’s historic Round One in the southern Gulf of Mexico, according to a Reuters report. Image from Pemex…
ION Geophysical has launched the first phase of MexicoSPAN, encompassing more than 22,000 km of deep-imaged 2D seismic data. Combined with ION’s YucatanSPAN, GulfSPAN and FloridaSPAN programs, MexicoSPAN will deliver complete, basin-wide regional view of the Gulf of Mexico…
A memorandum of understanding (MOU) has been executed for a cooperation agreement between Spectrum, PGS and Schlumberger in Mexico. The collaboration will acquire 80,000-100,000km of modern, long-offset 2D data encompassing all the major hydrocarbon provinces offshore Mexico…
Spectrum announced that their vessel has arrived in Mexico and started the acquisition of their Gulf of Mexico 2D campaign, in collaboration with Schlumberger. The first phase of the acquisition program Mexico Campeche-Yucatan 2D Regional…
Petróleos Mexicanos (PEMEX) discovered four new shallow water fields offshore Mexico with the potential to produce at least 200,000 b/d of crude oil and 170 Bcf/d of gas. Map of shallow water discoveries off Campeche and Tabasco…
Supermajors Chevron and ExxonMobil were two of 26 companies, both privately and in consortia, that have earned the right to submit bids for Mexico’s Round 1 to be held on 15 July, the country’s National Hydrocarbons Commission (CNH) announced on 25 May…
India’s petroleum minister Shri Dharmendra Pradhan led a delegation to Mexico and Colombia this week to meet with officials in each country in hopes of transforming the relationship among the three countries from “buyer-seller” to an “energy partnership…
For the first time in decades, Mexico’s upstream business is accessible to foreign companies. A panel of experts discussed the implications at this week's CERAWeek conference in Houston and found that, with three bidding rounds planned and data rooms open for scrutinizing…
While the latest revisions to the terms for shallow water areas in Mexico’s first licensing round have increased the attractiveness of the production sharing agreement terms by improving the contractor’s upside potential, the benefits remain…
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