Round 3.1 CNH-R03-L01/2017 - Energy and Natural Resources - Mexico Law Articles in English - Mondaq Business Briefing - Books and Journals - VLEX 694354669

Round 3.1 CNH-R03-L01/2017

Author:Mr Juan Carlos Serra, Jorge Eduardo Escobedo and Jorge Garay Lebrija
Profession:Basham, Ringe y Correa, S.C.
 
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In reference to the tenders called by the National Hydrocarbons Commission ("CNH") regarding the awarding of Exploration and Extraction of Hydrocarbons Contracts ("E&E Contracts). On September 28, 2017, CNH announced the First Tender of Round Three (CNH-R03-L01/2017), which compels 35 Contractual areas located within the regions known as: (i) Burgos, (ii) Tampico-Misantla-Veracruz, and (iii) Cuencas del Sureste. Resources include: (i) oil, (ii) gas, and (iii) wet gas.

Contractual areas are located in the regions known as: (i) Burgos, (ii) Tampico-Misantla-Veracruz, and (iii) Cuencas del Sureste.

Some of the contractual areas to be bided interact with those awarded in Round 1.1., 1.2., 1.4., 2.1., and 2.4. plus, PEMEX allocations and PEMEX Far, Outs.

Contractual areas for Round 3.1 will have better 2D and 3D coverage.

Prospective resources of Round 3.1 are equal to 70% of the resources in shallow waters included in the Five-Year Term Bid Plan.

Location:

Calendar:

Invitation announcement and Bidding Guidelines September 29, 2017 Updated Bidding Guidelines February 26, 2018 Request and payment to Access virtual data room October 16, 2017 to January 16, 2018 Access to virtual data room October 16 2017 to March 26 First clarification stage September 29 2017 to January 11 Second clarification stage September 29 2017 to January 11 Third clarification stage September 29, 2017 to February 20, 2018 Bid registration and payment and prequalification requirement submission September 29, 2017 to January 19, 2018 Prequalification documents reception January 22, 2018 to January 24, 2018 Review of prequalification...

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