Name: Mexico deepwater: five years after the last licensing round
Brand: Wood Mackenzie
SKU: 143133
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Author: Wood Mackenzie

Insight 30 June 2022

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Five years have passed since Mexico’s last deepwater round, and the country has assigned exploration contracts to a diverse pool of IOCs. Since then, the current government canceled the expected new licensing rounds, but the existing contracts continued their work with their E&A activities. Pemex shifted its interest into onshore and shallow water. Throughout two licensing rounds, the country secured contracts in 27 deepwater blocks and successfully found a partner for Pemex in the Trion joint venture. The awarded blocks offered a committed investment of more than US$1.8 billion and 32 E&A wells to drill by the end of their first exploration periods in 2023.</div>
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<p class="font-regular" >Mexico Deepwater Five Years Later.pdf</p>
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