Mexico's Round One final terms - shallow-water development
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Report summary
The Mexican government announced the final terms for the shallow-water development opportunities on offer in Round One. The regulators have been pragmatic in their approach and have incorporated changes based on lessons learned from the previous phase. Changes made include reduced bureaucratic monitoring, the addition of exploration upside potential, greater flexibility for company participation, as well as improved fiscal terms.
Table of contents
- A diverse group of companies have shown interest
- Minimum bidding variable disclosure
- Easing restrictions and bureaucracy
-
Fiscal improvements
- Company post-tax profits per boe at different government profit share bids
- Amoca-Mizton-Tecoalli under different government profit share bids and Isthmus blend oil prices
- Exploration upside potential now possible
- Conclusion
- Appendix
Tables and charts
This report includes 5 images and tables including:
- Changes to the PSC for shallow-water developments since the phase was announced
- Different horizons provide upside potential
- Mexico's Round One final terms - shallow-water development: Table 3
- Mexico's Round One final terms - shallow-water development: Image 2
- Mexico's Round One final terms - shallow-water development: Image 3
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