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Seitel, Schlumberger Ally to Reimage, Acquire Geophysical Data Across Onshore Mexico

Seitel, Schlumberger Ally to Reimage, Acquire Geophysical Data Across Onshore Mexico

North American onshore seismic data expert Seitel is partnering with Schlumberger Ltd. in a multiclient alliance to reimage and acquire geophysical data in key areas across onshore Mexico.

June 15, 2017

Liquids, NatGas Key to Mexico’s Private Sector Energy Growth, IEnova Execs Say

Liquids infrastructure development in Mexico is ripe for private sector investment, with major global companies from North America and Europe eyeing the market, according to executives from Sempra Energy’s Mexico City-based unit.

June 15, 2017
Sempra’s IEnova Unit Accelerating Mexican Growth Engine in Liquids, Midstream

Sempra’s IEnova Unit Accelerating Mexican Growth Engine in Liquids, Midstream

Building Mexico energy infrastructure ranging from refined products to renewables is what Sempra Energy views as its sweet spot for growth through its majority (66%) ownership of Infraestructure Energetica Nova, SAB de CV (IEnova), executives said Tuesday at an analyst meeting in New York City.

June 14, 2017

Despite Political Uncertainty, Mexico Energy Reforms Secure, Says Scholar

Mexico’s 2018 presidential election is a cloud over the country’s energy sector liberalization as populist frontrunner Andres Manuel Lopez Obrador has vowed to roll-back reforms. But even if elected, he’s not likely to be successful, the director of the Woodrow Wilson International Center for Scholars’ Mexico Institute said Wednesday.

June 8, 2017
Mexico’s April Natural Gas Production Down 10% in April From Year Ago

Mexico’s April Natural Gas Production Down 10% in April From Year Ago

Mexico produced 5.334 Bcf/d of natural gas in April, state oil and natural gas company Petroleos Mexicanos (Pemex) reported, a drop of 9.9% from the 5.921 Bcf/d recorded a year ago.

June 1, 2017
Mexico Natural Gas Production Declines; Pipeline Issues Could Spell Summer Shortages

Mexico Natural Gas Production Declines; Pipeline Issues Could Spell Summer Shortages

As temperatures rise in what promises to be a hot summer in Mexico, the country’s production of natural gas — the fuel of choice for the nation’s power plants — has been dropping by 10% year-on-year in recent months.

May 31, 2017
Bearish Storage, Uncertain Weather Put Downward Pressure on Most Natural Gas Forward Curves

Bearish Storage, Uncertain Weather Put Downward Pressure on Most Natural Gas Forward Curves

Natural gas forward prices fell at most locations across the United States for the period between May 19 and 25 as bearish storage news and a lack of clarity in long-term weather forecasts pressured markets, according to NGI’s Forward Look.

May 30, 2017
July 1 to Be ‘Hectic’ as Mexico’s Natural Gas Market Takes Next Evolutionary Step

July 1 to Be ‘Hectic’ as Mexico’s Natural Gas Market Takes Next Evolutionary Step

On July 1 Mexico will launch the pipeline capacity reservation contract model as the next step on its way to a fully competitive natural gas market. It promises to be a momentous one.

May 30, 2017
Work Begins on U.S.-Mexico Undersea Pipeline

Work Begins on U.S.-Mexico Undersea Pipeline

Construction has begun on the US$2.1 billion undersea Sur de Texas-Tuxpan natural gas pipeline, a project of Infraestructura Marina del Golfo (IMG) — a joint venture (JV) of TransCanada Corp. and Sempra Energy Mexico unit IEnova.

May 26, 2017

Eagle Ford Shale’s Dry Gas Growing Nearer, Dearer to Mexico

Production from the dry gas Eagle Ford Shale, particularly in Webb County, TX, has skyrocketed, and so has Mexico’s gas demand. That would sound like an opportunity to anyone.

May 26, 2017