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Mexico's Round One - shallow-water development opportunities

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Report summary

The CNH, Mexico's upstream regulatory body, has officially approved the terms for shallow water exploitation areas available in Round One. The auction terms include the tender of nine shallow water fields with 356 mmboe of 2P reserves. The fields on offer are organized in five different contractual areas within the Salinas Sureste Basin.

What's included

This report contains

  • Document

    Mexico's Round One - shallow-water development opportunities

    PDF 416.65 KB

Table of contents

  • Introduction
  • Bids are due at the end of September
  • Qualification criteria are similar to those of shallow-water exploration
  • Nine fields on offer
  • PSCs continue to be the contract of choice
  • Progressive fiscal regime with higher IRR thresholds
  • Conclusion

Tables and charts

This report includes 6 images and tables including:

Tables

  • Mexico's Round One - shallow-water development opportunities: Table 1
  • Mexico's Round One - shallow-water development opportunities: Table 2
  • Mexico's Round One - shallow-water development opportunities: Table 3

Images

  • Mexico's Round One - shallow-water development opportunities: Image 1
  • Split of pre-tax profit by cost level
  • Split of pre-tax profit by price level

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