Trion Farmout Analogy: A farmout and the Trion auction are alike in just two respects

Trion Farmout Analogy: A farmout and the Trion auction are alike in just two respects Industry observers and their lawyers who are familiar with farmout agreements in jurisdictions outside Mexico have been puzzled by the government’s use of “farmout” for a contract model that lacks the essential elements of this...
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Deconstructing Minister Coldwell

Deconstructing Minister Coldwell MEI 819 (HOUSTON) — Pedro Joaquin Caldwell, 66, Mexico’s energy minister since 2012, was the keynote speaker at the conference on Mexico’s Energy Reform at Rice University’s Baker Institute on September 23, 2016. His presentation, delivered in Spanish and with slides in English, offered an overview of...
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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...
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