Round 3.1 National Hydrocarbons Commission (CNH) Awarded 16 Blocks - Energy and Natural Resources - Mexico Law Articles in English - Mondaq Business Briefing - Books and Journals - VLEX 707616201

Round 3.1 National Hydrocarbons Commission (CNH) Awarded 16 Blocks

Author:Rodríguez Dávalos Abogados
Profession:Rodríguez Dávalos Abogados
 
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National Hydrocarbons Commission (CNH) awarded 16 blocks out of 35 blocks tendered in bid round 3.1. The biggest winner in this Round was Petróleos Mexicanos that won 4 areas as Operator and 3 more areas in Consortium (strategic alliances) with Total and Shell.

National Hydrocarbons Commission (CNH) awarded 16 blocks out of 35 blocks tendered in bid round 3.1. The biggest winner in this Round was Petróleos Mexicanos that won 4 areas as Operator and 3 more areas in Consortium (strategic alliances) with Total and Shell. 

The areas offered by the CNH, -all of them in shallow waters in the Gulf of Mexico- are located in three regions: Burgos Basin, Tampico-Misantla and the Southeast Basin. The first two regions are mainly natural gas producing areas, so they were less favored; while the other 8 contractual areas of the Southeast Basin were all awarded, receiving an...

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