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In a first for the Mexican upstream sector, the Energy Ministry (Sener) has issued unitization rules for hydrocarbons reservoirs that span blocks owned by different operators.

In a first for the Mexican upstream sector, the Energy Ministry (Sener) has issued unitization rules for hydrocarbons reservoirs that span blocks owned by different operators.

Sixteen of 35 of the offshore Mexico blocks on offer by were taken up in Round 3.1 on Tuesday, the first auction in the third round of the country’s 2013-14 energy reform, a result that most analysts said was somewhat disappointing but hardly surprising.

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.

Mexico’s energy ministry (Sener) has issued guidelines for landowner royalties that oil and gas companies must pay out for upstream projects with commercial production.

Sixteen of 35 of the offshore Mexico blocks on offer by were taken up in Round 3.1 on Tuesday, the first auction in the third round of the country’s 2013-14 energy reform, a result that most analysts said was somewhat disappointing but hardly surprising.

Mexico’s energy ministry (Sener) has issued guidelines for landowner royalties that oil and gas companies must pay out for upstream projects with commercial production.

Mexico’s energy reform could generate $1 trillion of direct foreign investment by 2040, said leaders of the industry lobby, Mexican Association of Hydrocarbon Companies, earlier this month.

Amid political wrangling over the July 1 presidential elections in Mexico, the government and the energy industry issued a robust response by keeping up the pace of upstream auctions with Round 3, as well as “migrations” and farm-outs to private-sector control of areas overseen by state-owned Petroleos Mexicanos (Pemex).