Burgos

Mexico Regulator Gives OK to Burgos Exploration Projects South of Texas Border

Mexico Regulator Gives OK to Burgos Exploration Projects South of Texas Border

Mexico’s upstream oil and gas regulator, Comisión Nacional de Hidrocarburos (CNH), has approved the appraisal plan by exploration and production firm Pantera Exploración y Producción to drill two wells in the Burgos Basin south of the Texas border.  One well is the Patriota-106DEL in Tamaulipas state, part of a modification to the evaluation program approved…

June 24, 2020
Oil Bests Natural Gas in Pemex 2019 Budget

Oil Bests Natural Gas in Pemex 2019 Budget

Despite a pledged 50% increase in natural gas output to 5.7 Bcf/d by 2024, the 2019 upstream budget of Petróleos Mexicanos (Pemex) disproportionately prioritizes oil over gas, according to local experts.

January 4, 2019
Mexico’s CNH Postpones Round 3.2, 3.3 Auctions on Lukewarm Interest

Mexico’s CNH Postpones Round 3.2, 3.3 Auctions on Lukewarm Interest

What are likely to be the last upstream auctions of the current Mexican administration were postponed last Friday by the regulator, the National Hydrocarbons Commission (CNH) amid signs of lack of interest from potential bidders.

May 2, 2018
Pemex Signs First Revamped OFS Contract for Unconventional Natural Gas Project in Burgos

Pemex Signs First Revamped OFS Contract for Unconventional Natural Gas Project in Burgos

San Antonio, TX-based Lewis Energy Group has inked an oilfield services (OFS) contract to evaluate and develop an unconventional natural gas project owned by Petroleos Mexicanos (Pemex) in northeast Mexico.

March 28, 2018
Mexico’s Round 3.1 Auction Expected to Attract $3.8B in Big Oil Investment

Mexico’s Round 3.1 Auction Expected to Attract $3.8B in Big Oil Investment

The first of three upstream auctions so far announced in Round Three of Mexico’s 2013-14 energy reform is to be held on Tuesday, featuring areas believed to have a high proportion of natural gas.

March 26, 2018
Mexico Ramps Up for Historic Round 3.3 Unconventionals Auction

Mexico Ramps Up for Historic Round 3.3 Unconventionals Auction

Mexico’s energy authorities have taken a bold initiative by inviting tenders for the nation’s first auction of unconventional resources of massive but thus far unrealized potential and fraught with potential problems.

March 5, 2018
Mexico’s 10th Bidding Round to Prominently Feature Natural Gas

Mexico’s 10th Bidding Round to Prominently Feature Natural Gas

The Mexican government plans to offer 37 blocks of mostly natural gas-rich prospects in the country’s 10th auction of exploration and production (E&P) contracts, scheduled for late July.

January 26, 2018
Natural Gas to Feature Prominently in Mexico’s 10th Bidding Round

Natural Gas to Feature Prominently in Mexico’s 10th Bidding Round

The Mexican government plans to offer 37 blocks of mostly natural gas-rich prospects in the country’s 10th auction of exploration and production (E&P) contracts, scheduled for late July.

January 25, 2018

Pemex Hits 2017 Oil and Natural Gas Production Goals

The Mexican state oil company Petroleos Mexicanos (Pemex) achieved, though only by a hair’s breadth, the production targets set by the nation’s 2017 budget.

January 25, 2018
EIA Says Mexico’s Burgos Basin Has Vast Potential

EIA Says Mexico’s Burgos Basin Has Vast Potential

The natural gas-heavy Burgos Basin in northern Mexico accounted for 15% of the country’s total gas production in 2016, and foreign investment in the play could put it on par with the Eagle Ford Shale in South Texas, according to the U.S. Energy Information Administration (EIA).

August 24, 2017
‹ Previous 1 2