Category Archives: Pemex

Pemex Response to New Natural Gas Regulations

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Market Comment 081 Pemex Response to New Natural Gas Regulations This report republishes, with retrospective comments, our earlier report of Nov. 17, 1995. That report was about the roll-out of the natural gas law and regulations on Nov. 8, 1995, that began with presentations at Los Pinos that was attended by some 400 guests. Afterwards, there Continue Reading

Two reports on Pemex’s 2013-14 Mega-Tender for Onshore Wells

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On August 29, 2013, Pemex issued an international RFP (Request for Proposal) No. 18575088-542-13 which called for proposals for some 1,300 wells in ten blocks (or packages). In December, two of the five blocks in Chicontepec were withdrawn, leaving the maximum number of wells at slightly less than 800. The bid packages were acquired by Continue Reading

Navigation path for Pemex documentation

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Pemex’s mega-tender for onshore wells FINDING ONLINE DOCUMENTATION on Pemex’s public tenders can often be the thankless task of hours, days or weeks. To round out our reporting and analysis on Pemex’s mega-tender for the drilling of hundreds of onshore wells (Market Notes 182 and 183), and to respond to inquiries that we have received Continue Reading

Market Comment 020 — A New Procurement Outlook

in Pemex: Centralization and Caveats

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This report was inspired by the presentation in Houston on January 7, 2014, by Arturo Henríquez, president of the renamed Pemex Procurement, Inc. (formerly ITS). The presentation was made at the end of a one-day conference on opportunities in unconventional resources in Mexico. We identify the two broad concepts that Pemex visualizes for the restructuring Continue Reading

From the mailbox: Mexico’s plans, and ethanol’s impact

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The following article From the mailbox: Mexico’s plans, and ethanol’s impact was written by John Kingston — George Baker’s long-time colleague — and appeared in his blog posting Sept. 10, 2013 on “The Barrel: Essential Energy on Global Energy”. From my email inbox: two reports from some of the more perceptive people in the industry. Continue Reading

Did Chicontepec auction “fail”?

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During the past week we received a number of calls and emails from journalists who have asked for help in understanding the “failure” of the Chicontepec bid round.  We do not support the narrative of “failure,” as we explained in Market Note 171. The situation of Pemex vis-à-vis the IOCs is very simple: For the Continue Reading

Pemex’s Third Bid Round: Chicontepec

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The Pemex auctions, held in Poza Rica on July 11, 2013, were for six blocks for which 16 companies had qualified as bidders. The outcome of the bidding was unusual in a number of ways: The three largest blocks by 3P reserves did not receive bids. The bids on the other three blocks revealed two Continue Reading


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