Insight
| |
12 Pages

Mexico's Round One deepwater phase closes with a bang


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.

What's included?

This report includes 2 file(s)

  • Mexico's Round One deepwater phase closes with a bang PDF - 3.90 MB 12 Pages, 2 Tables, 10 Figures
  • Mexico succesful deepwater licensing.xls XLS - 1.69 MB

Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.

Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in upstream commercial data and analysis.

  • 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

In this report there are 12 tables or charts, including:

  • Deepwater exploration’s freshman class a healthy mix of Majors, Independents, and NOCs
    • 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
  • Mexico ends Round One with a strong finish
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.