Mexico upstream summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Table of contents
- Executive summary
- Key facts
- Location maps
-
Key companies
- Pemex
- Key private and international companies
-
Geology
- Introduction
-
Veracruz basin
- Córdoba platform
- Veracruz Tertiary basin
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Tampico-Misantla basin
- Golden Lane Trend
- Poza Rica Trend
- Chicontepec (Proyecto Aceite Terciario del Golfo)
- Burgos basin
- Sabinas basin
- Franja de Fallas Extensionales
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Sureste basin
- Salina del Istmo sub-basin
- Reforma-Comalcalco and Tabasco-Chiapas sub-basins
- Macuspana sub-basin
- Campeche sub-basin
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Exploration
-
Drilling
- Drilling activity
- Onshore and shallow water
- Deepwater
- Unconventional potential
-
Drilling
-
Reserves and resources
- Reserves
-
Production
-
Oil
- Oil production started in the early 1900s
- Nationalization and the establishment of Pemex
- Cantarell and peak production
- International Oil Companies production
-
Gas
- Wellhead gas versus sales gas
-
Oil
-
Infrastructure
- Oil infrastructure
- Refineries
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Gas infrastructure
- LNG terminals
- Gas storage
- Gas processing
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Policy and regulation
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Key legislation
- Privatisation of midstream operations
- The 2008 Energy Reform and launch of integrated service contracts
- The 2013 Energy Reform and opening of the sector to foreign direct investment
- Unitisation
- Regulatory body
- State oil company
-
Pemex funding
- PIDIREGAS
- Pemex funding post-PIDIREGAS
- Licensing
-
Round One
- Shallow-water exploration phase
- Shallow-water development phase
- Onshore development phase
- Deepwater exploration phase
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Round Two
- Shallow-water exploration and DROs
- Onshore licensing round on gas-prone acreage
- Onshore exploration and DROs
- Deepwater exploration acreage
- Joint ventures and farmouts
- 3 more item(s)...
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Key legislation
-
Fiscal terms
- Overview
- Current fiscal terms
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Generally applicable terms
- General royalty
- Landholder Royalty
- Corporate income tax
- Round One fiscal terms
- Shallow-water exploration PSC
- Shallow-water development PSC
- Onshore licence regime
- Deepwater licence regime
- 8 more item(s)...
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Location maps: Image 1
- Reserves and contingent resources at 01/01/2025
- Liquids and Gas Production 2021
- Net Acreage 2025
- Map of Pemex operating regions
- Map of Mexico basins
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Commercial Liquid Reserves by Sector
- Gas Reserves by Sector
- Reserves and resources: Table 3
- 25 more item(s)...
What's included
This report contains:
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