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Feeding frenzy in Mexico's shallow-waters - results from Round Two

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28 June 2017

Feeding frenzy in Mexico's shallow-waters - results from Round Two

Report summary

Mexico continued its streak of successful licensing rounds with Round Two's shallow-water exploration phase, which saw strong bidding even as global exploration spend remains disciplined. Industry-nominated blocks led the way, with the award of 10 of 15 blocks, in line with Wood Mackenzie’s earlier prediction.

Table of contents

Tables and charts

This report includes 9 images and tables including:

  • Feeding frenzy in Mexico's shallow-waters - results from Round Two: Image 1
  • Feeding frenzy in Mexico's shallow-waters - results from Round Two: Table 1
  • Pemex submitted the greatest number of bids *
  • Most companies bid for few blocks through aggressive offers
  • Competition was heated in the Salinas Sureste blocks
  • Most government profit share bids allowed for economic returns
  • Feeding frenzy in Mexico's shallow-waters - results from Round Two: Image 4
  • The DEA/Pemex consortium picked up the only block in Tampico Misantla
  • Pemex/DEA were the only winners of Tampico Misantla acreage

What's included

This report contains:

  • Document

    Feeding frenzy in Mexico's shallow-waters - results from Round Two

    PDF 4.88 MB

  • Document

    Round 2 company bids shallow water.xls

    XLS 326.00 KB

  • Document

    Feeding frenzy in Mexico's shallow-waters - results from Round Two

    ZIP 4.96 MB