Mexico Round One - Second Bidding Process

03/04/2015

Following the Mexican Energy Reform enacted last year, Mexico has opened up its oil and gas sector to foreign and private investment. The Mexican Government has selected certain areas and fields that will gradually be tendered for 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.

In December of last year, for the first time, the National Hydrocarbons Commission (Comisión Nacional de Hidrocarburos) (“CNH”) published its first call for an international public bid (number CNH-R01-L01/2014) to award E&P contracts for fourteen shallow-water areas in Campeche, Tabasco, and Veracruz. This public bid is still ongoing.

To read the full alert, click on the PDF linked below.

Mexico-Round-One-Second-Bidding-Call.pdf

If you have any questions, please contact one of the attorneys listed below.

Mexico

Houston

Dallas

Ariel Ramos
+52.55.5249.1820
ariel.ramos@haynesboone.com

 

George Y. Gonzalez
+1 713.547.2011
george.gonzalez@haynesboone.com

 

Alberto de la Peña
+1 214.651.5618
alberto.delapena@haynesboone.com

 

William (Hunt) Buckley
+52.55.5249.1812
hunt.buckley@haynesboone.com

 

Bradley J. Richards
+1 713.547.2028
brad.richards@haynesboone.com

 

 

Luis F. Moreno Trevino
+52.55.5249.1821
luis.moreno@haynesboone.com

 

Ricardo Garcia-Moreno
+1 713.547.2208
ricardo.garcia-moreno@haynesboone.com

 

Jorge Sánchez
+52.55.5249.1834
jorge.sanchez@haynesboone.com

 

 

 

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