Insight
Mexico's Round One deepwater phase closes with a bang
Report summary
The close of Mexico's first deepwater offering was a major success, ending Mexico’s Round One on a very high note. Eight of ten exploration blocks received bids and BHP Billiton narrowly outbid BP to partner with Pemex in the Trion JV.
Table of contents
-
Deepwater exploration’s freshman class a healthy mix of Majors, Independents, and NOCs
- Perdido bids
- Salinas Sureste bids
- Blocks 1-2: The Statoil-led consortium was the only bidder in the deeper Salinas Sureste blocks
- All blocks were awarded in Perdido but only one received multiple bids
- CNOOC bid very aggressively in Perdido
- Mexico ends Round One with a strong finish
Tables and charts
This report includes 11 images and tables including:
- Statoil and Total were the most active bidders
- Mexico's Round One deepwater phase closes with a bang: Table 1
- Mexico's Round One deepwater phase closes with a bang: Table 2
- Salinas Sureste saw the highest levels of competition
- Mexico's Round One deepwater phase closes with a bang: Image 4
- Blocks 3-6: The Statoil-led consortium won the most blocks by bidding a conservative 10% royalty twice
- Mexico's Round One deepwater phase closes with a bang: Image 6
- Mexico's Round One deepwater phase closes with a bang: Image 7
- BHP will do the heavy lifting at Trion
- Trion will bring BHP Billiton's production growth on par with its independent peers
- Trion will put BHP Billiton's deepwater liquids reserve base at the top of the Independents
What's included
This report contains:
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