Mexico Round One – First Bidding Process

12/23/2014

As part of the implementation of the Energy Reform, the Mexican Government has selected certain areas and fields out of Round One which will be tendered for private industry participation in hydrocarbon exploration and production projects. Round One comprises 109 blocks for exploration and 60 blocks for production, and includes new areas of different sizes and types of resources, including: (i) deep-water; (ii) shallow-water; and (iii) on-shore fields. Together, these blocks cover approximately 28,500km2, and represent an annual investment of approximately US$8.5 billion.

Read the full alert on Round One of Mexico's First Bidding Process.

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