About: George Baker

George Baker

Baker & Associates offers niche-market business and policy intelligence related to Mexico's oil and gas, power and chemical industries. Over 1,000 reports have been issued in the last 20 years. Subject matter expert and publisher George Baker, who directs the firm, has carried out consulting assignments starting in the late 1970s at the height of the Oil Boom in Mexico. He brings bilingual and bicultural skill-sets to understanding and responding to challenges of business and public policy, coupled with a deep familiarity with the history and idiosyncrasies of the Mexican operating environment.

Recent Comments by George Baker

    No comments by George Baker yet.

Recent Posts by George Baker

Trión Deal: Farmout or PSC?

Trión Deal: Farmout or PSC? — The deal being offered to prospective bidders is not yet clear. The winner is required to spend US$464 million, but is this an Earning Event in a farmout, or Carried Interest in a Production Sharing Contract?

Hydrocarbon Contract Matrix: Making Sense of Mexico’s Contract Models

Public Policy Perspective (PPP) 10038 — Hydrocarbon Contract Matrix: Making Sense of Mexico’s Contract Models This report examines each of the contract models set forth in Mexico’s hydrocarbon legislation. The Mexican concept of license is contrasted with the U.S. concept of lease (as applied in federal waters). The occasion for this report is the scheduled Continue Reading

Energy Reform As PRI Franchise

Energy Reform As PRI Franchise: Looking for the long term Major changes in energy policy in Mexico have always taken place during PRI administrations. This report asks about how the energy reform package of 2013-15 may be understood as a PRI work-product, that is, as measures that are influenced by PRI’s ideology and seven-decade experience Continue Reading

MEI 809.1 — Seeking Synergy in Perdido: Pemex offers too little, too late

MEI 809.1 — Seeking Synergy in Perdido: Pemex offers too little, too late This report (MEI 809) was finished on June 5. Its purpose was to identify contract models that could serve for IOC partnerships in Pemex’s blocks, with special reference to blocks that might auctioned in tandem with those in Round 1.4, scheduled for Continue Reading

Restructuring Mexico’s Electricity Market: Origin and Outlook

Restructuring Mexico’s Electricity Market: Origin and Outlook This report takes a fresh look at the origin and policy goals of the electricity reforms in Mexico. Just as the Electricity Act of 1992 sought to correct unintended consequences of the nationalization in 1960; so too the electricity package of 2013-15 seeks to correct unintended negative consequences Continue Reading