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Mexico's Round One deepwater phase closes with a bang

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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.

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  • Document

    Mexico succesful deepwater licensing.xls

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    Mexico's Round One deepwater phase closes with a bang

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Table of contents

Tables and charts

This report includes 11 images and tables including:

Images

  • Statoil and Total were the most active bidders
  • 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

Tables

  • Mexico's Round One deepwater phase closes with a bang: Table 1
  • Mexico's Round One deepwater phase closes with a bang: Table 2

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