Insight

The future of Mexico's upstream sector takes shape

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

For further information about this report submit the form below.

Report summary

The Mexican Senate just approved the secondary legislation. The final product is promising given its market friendly approach. With the passing of the governing laws of the Energy Reform the focus now shifts to Round Zero and subsequent licensing rounds. Round Zero has a mid September deadline and will set the landscape for the upstream sector in Mexico. We believe that the first licensing round will offer JV opportunities with Pemex

What's included

This report contains

  • Document

    Chart.xls

    XLS 72.00 KB

  • Document

    The future of Mexico's upstream sector takes shape

    PDF 290.87 KB

  • Document

    The future of Mexico's upstream sector takes shape

    ZIP 309.91 KB

Table of contents

  • The upcoming rounds
    • Existing Pemex's asset regime (asignaciones)
    • New contracts
    • (contratos)
    • This regime will apply to all assets that are awarded in future licensing rounds, post-Round Zero. We expect that specific fiscal terms will be announced on a round-by-round basis in order to give CNH maximum flexibility. According to the new Hydrocarbons Revenue Law, the bidding terms will include several variables, potentially including work commitments, signature bonuses, and additional royalties. The application of these variables will depend on the specific contract type used.
      • Approved fiscal/bidding variables for all regimes
      • Local content
      • What's next?

Tables and charts

This report includes 3 images and tables including:

Tables

  • Approved deduction limits for Pemex's asignaciones
  • The future of Mexico's upstream sector takes shape: Table 2
  • Approved royalties for all regimes

You may be interested in

    
            
            
            
            
            
            
            
    

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898