Bid Rounds

Mexico Private Operators Surpass 100,000 b/d in Oil Production 

Mexico Private Operators Surpass 100,000 b/d in Oil Production 

Oil production by non-state operators in Mexico has surpassed 100,000 b/d for the first time since the 2013-2014 constitutional energy reform ended the upstream monopoly held by state oil company Petróleos Mexicanos (Pemex). Private operators produced 101,044 b/d in May, up from 65,238 b/d in the same month a year ago, data from upstream regulator…

June 27, 2022
Mexico’s President-Elect to Halt Future E&P Bid Rounds Until Current Projects Bear Fruit

Mexico’s President-Elect to Halt Future E&P Bid Rounds Until Current Projects Bear Fruit

Mexican President-Elect Andrés Manuel López Obrador (AMLO) said last Wednesday he will suspend oil and gas bid rounds until the 107 contracts awarded through rounds under the current government begin producing.

October 22, 2018