Lukoil doubles down on Mexico as political risk increases
On 5 July 2021, Lukoil announced the acquisition of Fieldwood Mexico’s 50% operating stake in Ichalkil-Pokoch for US$435 million, plus 2021 capital expenditures (which we…
Read MoreZama, ¿orgullo nacionalista?
Para el experto de la consultoría Welligence, Pablo Medina, la decisión del gobierno de México es un tema de ego. ¿Por qué? Porque todos: Pemex,…
Read MoreMexican Authorities Award Pemex Operatorship of Disputed Zama Field
Houston-based Welligence Energy Analytics pointed out that Pemex has suffered disappointing results with shallower fields, including a 50% drop in production over a 6-month period…
Read MoreMexico’s Zama field – why Pemex operatorship presents new risks
Discovered by Talos Energy in 2017, Zama perfectly sums up the success of Mexico’s Energy Reform from 2013-2018, a period over which the country attracted…
Read MoreDemandará Talos por abuso de Pemex
Americas Upstream M&A Report – YPF follows in the footsteps of Petrobras with mature fields sell-off
Deal flow remains quiet in the Americas, but we expect a pick-up in activity in the next few months as Petrobras closes out several ongoing…
Read MoreCNOOC International’s Mexican dream fades, but more drilling to come
The wildcat was pursuing a target in the Lower Paleogene, according to consultancy firm Welligence, and was rated as a prospective resource of 1.34 billion…
Read MoreOPINION: The Mexican oil sector showed signs of moving forward this week.
A study by energy consultancy Welligence showed that two-thirds of the 200-plus fields that Pemex operates are either losing money or becoming marginal.
Read MorePemex lifts lid on new onshore Mexico discovery with up to 600 million boe
Pemex has a huge portfolio, with more than 200 fields, but two-thirds of them are too small or are losing money,” said Pablo Medina, vice…
Read MoreCreará Pemex complejo tras hallazgo de yacimiento
Sin embargo, Pablo Medina, vicepresidente de Welligence Energy Analytics, pidió cautela ante el anuncio, pues Pemex no dio a conocer las reservas de este nuevo…
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