Category Archives: Mexico Energy Intelligence

The Risk of Gold Plating in Mexico’s Round One

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The term “gold plating” has been around for decades in public services such as electricity and natural gas distribution where the return on investment of a company is regulated by a Public Utility Commission. A company might, for example, be guaranteed a 12% return on its investment. In such an arrangement, the company is given Continue Reading

Does the Hydrocarbon Law offer the equivalent of a U.S. mineral lease?

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In this report, we ask a difficult question: do Mexico’s hydrocarbon laws provide the equivalent of a U.S. minerals lease for oil and gas? To answer this question, we first examined the terms and concepts in Mexico’s Mineral Law, where the legal figure of concession exists. We then considered the nature of a U.S. mineral Continue Reading

Football Analogy (Part II)

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In this report, we extend use of the terminology of American football to describe the energy history of Mexico, by presidential period, starting with the presidency of José López Portillo in 1976. There are moments in which the ball of energy reform, on either the oil or power sides, was fumbled. There are other moments Continue Reading

“Roadshow” to promote commercial aura of Mexico

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HOUSTON — UT Austin, in the persona of the Jackson School of Geoscience, in which, a few years ago, Lourdes Melgar was a Fellow, supports the “revitalization of Mexico’s energy sector.” For the slides of the Houston roadshow on October 20, the link is http://bit.ly/MexRndOne. At that event, there were upwards of 400 persons present, Continue Reading

Tale of Vronche (Part II)

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HOUSTON — The commercial figure of farm-out is the central element on which the success of Mexico’s upstream reform pivots. As the term “farm-out” borrows from commercial arrangements in agriculture, it is not too much of a stretch of the imagination to recast the entire upstream discussion as a topic of agricultural reform. Our report, Continue Reading

Title conveyance of Mexican hydrocarbons

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HOUSTON — Putting just a single topic of the Mexican energy reform into English is a challenge. We are currently working on a report on TITLE CONVEYANCE OF MEXICAN HYDROCARBONS (title page attached), a project not yet finished. Any group that completes in English a full overview of the legislation deserves applause, even with the Continue Reading

Post-Reform Blues: What does the Mexican Energy Reform mean in English?

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HOUSTON — This report observes that many of the concepts that are embraced in the 2014 energy reform have their roots in ideas that had first appeared in previous presidential administrations, for example, the idea proposed during the Fox administration that Pemex’s board of directors should include executives from the private sector. The report identifies Continue Reading