Exploration News in Mexico

Pemex Seeking Allies for Deepwater Blocks Won in Auction
3/5/2018 - Mexico’s state-run oil company Pemex plans to reach out to existing partners to form new joint ventures for a pair of deepwater blocks it won in a January auction, the company’s chief told Reuters on ...
BHP Billiton Expects Drilling of First New Trion Well to Begin in October
2/16/2018 - Drilling of the first new exploration well in BHP Billiton’s deepwater Trion project will begin in October, part of a plan approved by Mexican regulators that also revised downward the project’s estim...
Pemex Registers for Deepwater Round 2.4
1/26/2018 - For the last tender of Round 2, corresponding to deep water contracts, Pemex may participate through 7 bidders, placing itself as the company with the largest number of associations in this tender. ...
Mexico's Energy Opening Faces Test in Deepwater Oil Auction
1/19/2018 - An auction of deepwater oil and gas fields in Mexico this month may prove the last major opportunity for President Enrique Pena Nieto’s government to capitalize on its opening of the energy sector, th...
Mexico Oil Regulator Cancels Deep Water Pemex Tie-up Auction
12/8/2017 - Mexico’s oil regulator on Thursday canceled a tender for a joint venture with state oil firm Pemex in the deep water Maximino-Nobilis area, as no company expressed interest in the auction. ...
Pemex Discovers the Largest Onshore Reservoir
11/3/2017 - Enrique Pena Nieto, President of Mexico, announced the discovery of an important reservoir with excellent quality light-crude oil and gas. This finding is the most important onshore discovery made by ...
Mexico Expects to Hold a Third Oil and Gas Auction in 2018
10/19/2017 - Mexico’s oil regulator will likely add another auction in 2018 featuring conventional onshore oil and gas blocks, the head of the National Hydrocarbons Commission (CNH) said, potentially teeing up a t...
Mexico's Election Next Year Poses No Risk for Oil Contracts
9/29/2017 - Presidential elections in Mexico next year pose no risk to already-signed oil contracts, the sector’s top regulator said, despite the current frontrunner’s pledge to review them. ...
Mexico Launches First Auction of Round Three
9/28/2017 - Round 3.1 comprises 35 contractual exploration and extraction areas in shallow waters of the Gulf of Mexico, to be developed through Shared Production Contracts. The technical and financial elements o...
ION Imaging Supported Talos' Zama-1 Mexico Discovery
7/26/2017 - ION Geophysical Corporation (IO) announced that its imaging services supported the historic Zama-1 discovery offshore Mexico made by Talos Energy, LLC (Talos) and their partners. Zama-1 is the first ...
Significant New Oil Discovery Offshore Mexico
7/12/2017 - Premier, together with its joint venture partners Talos Energy (Operator) and Sierra Oil & Gas, is pleased to announce that the Zama-1 exploration well in Block 7, offshore Mexico, has made a world cl...
Mexico Expects 4 More Oil Auctions before by End of 2018
7/6/2017 - Mexico expects to launch four more oil and gas auctions before the current president's term concludes in November 2018, Energy Minister Pedro Joaquin Coldwell said at a conference on Thursday. ...
Eni Awarded 3 New Exploration & Production Blocks in Mexico
6/20/2017 - Eni has been granted 3 of 10 offshore blocks awarded by Mexico’s National Hydrocarbon Commission (CNH) in the Sureste Basin, in the Gulf of Mexico. This result boosts Eni’s presence in a market that o...
Mexico Awaits Next Oil Round With Cautious Optimism
6/16/2017 - Mexico is looking forward to its next round of offshore oil auctions on Monday with guarded optimism thanks to robust interest from oil majors for the shallow-water tenders. ...
Mexico's Oil Regulator Approves New Gulf Area for Pemex
5/23/2017 - Mexico's oil regulator approved a promising new deep water block to state oil company Pemex, but conditioned the allotment on the firm developing the area with a partner that would eventually operate ...
Zama-1 Exploration Well Has Been Spudded in Mexico
5/22/2017 - Premier is pleased to announce that the Zama-1 exploration well in Block 7 (Premier equity 25 per cent) in the shallow water Sureste Basin, offshore Mexico, was spudded at 0630 on 21 May 2017. This i...
Pemex Approves Farm Out in Ultra-Deep Waters of the Gulf of Mexico
4/27/2017 - The Board of Directors of Petroleos Mexicanos authorized to send the request for the migration to a joint venture for the exploration and extraction in the Nobilis-Maximino Block, which is located in ...
Shallow Water JV Auction with Mexico's Pemex Pushed Back
4/6/2017 - Mexico's oil regulator voted to delay the auction for the country's second joint venture with state oil company Pemex to October 4, from June 19, in order to give interested firms more time to evaluat...
Pemex, Chevron & INPEX Signed an Exploration Contract
Pemex, Chevron & INPEX Signed an Exploration Contract 2/28/2017 - Chevron, INPEX Corporation and Petroleos Mexicanos signed the contract for the Deep-water exploration and extraction of hydrocarbons in the corresponding licensing modality for block 3 North of the Pl...
Mexico Delays Next Phase of Oil & Gas Auctions by Three Months
12/22/2016 - Mexico will delay until June 19 the announcement of winners for the next phase of its oil and gas sector opening to allow more companies to take part and to incorporate modifications suggested by indu...

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