Mexico names bidders for July 12 onshore auctions

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Wednesday, July 5, 2017

Mexico's hydrocarbons regulator CNH has published the names of the companies qualified to bid in the country's next two oil and gas auctions, the second and third of Round Two, which are for onshore fields.

Both auctions are to be held July 12.

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Four companies and five consortiums have qualified to bid in the first of the two auctions, Round 2.2, which will offer 12 blocks in the Burgos basin that straddles the states of Nuevo León and Tamaulipas, and in the Sureste basin in Tabasco. The auction was to include two blocks in Chiapas state, but these have been withdrawn until a consultation has been carried out among the area's indigenous communities.

The individual companies are Ecopetrol Global Energy, Perseus Exploración Terrestre, Iberoamericana de Hidrocarburos and Gran Tierra México Energy.

The five consortiums are Iberoamericana de Hidrocarburos, Newpek Exploración y Extracción and Verdad Exploration Mexico; Iberoamericana de Hidrocarburos and Servicios PJP4 de México; Newpek Exploración y Extracción and Verdad Exploration Mexico; Sun God Energía de México and Jaguar Exploración y Producción de Hidrocarburos; and Tecpetrol Internacional in a consortium with Grupo R Exploración y Producción.

Also read: Mexico's oil and gas auctions begin to bear fruit

For the third auction, Round 2.3, 11 individual companies have qualified, including Tonallí Energía which is already active in Mexico having been awarded the onshore Tecolutla block 24 in the December 2015 auction. The others are Carso Oil & Gas, part of Grupo Carso, Ecopetrol Global Energy, Perseus Exploración Terrestre, Iberoamericana de Hidrocarburos, Gran Tierra México Energy, Grupo R Exploración y Producción, P&S Oil & Gas, Petrobal, DEP PYG and Jaguar Exploración y Producción de Hidrocarburos.

Eight consortiums have signed up for that auction, which will put licensing contracts up for grabs for 14 areas in the Burgos, Tampico-Misantla, Veracruz and southeastern basins.

The consortiums are Iberoamericana de Hidrocarburos and Servicios PJP4 de México; Newpek Exploración y Extracción and Iberoamericana de Hidrocarburos; Newpek Exploración y Extracción and Verdad Exploration Mexico; NG Oil and Gas in a consortium with AINDA Consultores and Petróleos Madere; Petrosynergy and Química Apollo; Promotora y Operadora de Infraestructura and Consorcio Petrolero 5M del Golfo; Roma Exploration and Production, Tubular Technology, Suministros Marinos e Industriales de México and Golfo Suplemento Latino; and Shandong Kerui Oilfield Service Group in a consortium with Sicoval MX and Nuevas Soluciones Energéticas A&P.