NGI Mexico GPI

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
Mexico’s Burgos Basin Has Eagle Ford-Like Potential, Says EIA

Mexico’s Burgos Basin Has Eagle Ford-Like Potential, Says EIA

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 23, 2017

Mexico’s CRE Publishes First Monthly Natural Gas Price Index

Marketers in Mexico sold natural gas at an average of price $4.10/MMBtu in July, the first month since the country implemented its capacity reservation regime.

August 21, 2017
Mexico Eyeing Another Round of Auctions in 2018, Says Energy Secretary

Mexico Eyeing Another Round of Auctions in 2018, Says Energy Secretary

Mexico not only aims to conclude its Round 2 upstream auctions with one covering nonconventional sources, but energy officials now are eyeing a Round 3 that also would include one covering shale and tight resources before the end of 2018, according to the energy secretary.

August 21, 2017

Andeavor Eyeing Mexico for Refined Market Growth

With refining assets within proximity of the U.S.-Mexico border, San Antonio-based Andeavor is eyeing Mexico to expand its marketing efforts.

August 18, 2017

Mexico Energy Reforms Likely Safe in Future Administrations, Say Government Officials

Mexican officials this week brushed aside concerns that the country’s upcoming presidential elections in 2018 could pose a risk for the nascent energy reforms taking hold in the oil and gas industry.

August 18, 2017
Mexico’s CRE to Publish First Natgas Price Report This Week

Mexico’s CRE to Publish First Natgas Price Report This Week

Mexico’s Comision Reguladora de Energia (CRE) plans to publish by the end of this week its first price report for molecule sales in the country’s nascent natural gas market, according to the director of economic analysis at the regulator’s natural gas unit.

August 17, 2017
North America’s NatGas Markets Working, with ‘Paradigm Shift’ Underway, Says BP Exec

North America’s NatGas Markets Working, with ‘Paradigm Shift’ Underway, Says BP Exec

The North American natural gas market is more globally interconnected than ever before, as exports steam along both overseas and to Mexico, a top BP plc executive said Wednesday.

August 16, 2017
Mexico Gears Up for Unconventional Onshore Auction Round 2.5

Mexico Gears Up for Unconventional Onshore Auction Round 2.5

Mexico is gearing up to auction emerging unconventional resources through Round 2.5, and while oil is a top priority for prospectors, the country also wants to encourage more natural gas development, a top official said Monday.

August 15, 2017

Mexico’s Sener Expects Draft of NatGas Storage Policy by September

The Mexican Energy Secretariat, Sener, expects to release a draft of its public policy for natural gas storage in early September, according to the head of the ministry’s industrial transformation unit.

August 15, 2017