Mexico Energy

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The first round of auctions to award important works of oil exploration and production in Mexico will begin early next year, with 169 blocks covering an area of ​​28,500 square kilometers to tender as a result of extensive reforms introduced last year to open industries electricity and gas to private investment. 

 

Like the oil industry, electricity in Mexico has been dominated by a state-owned company for a number of years. The Federal Electricity Commission (Comisión Federal de Electricidad, CFE) is the sole provider of transmission and distribution services and also controls all output, producing 70% of electricity on its own and sub-contracting the...

 

There is no difference in geology between the Mexican and US sides of the Texas border, but there is a difference in activity. South Texas is the centre of the US shale revolution. Thousands of shale wells have been dug and their production has enriched the region. The Eagle Ford Formation (EFF), where most of Texas’s wells are located,...

What exploration measures have been taken to help halt the further decline of oil production?

How drastically could the planned energy reforms affect the sector and PEMEX?

 

There is no part of the Mexican energy industry that will not be changed by 2013’s reform. The reform will open the nationalised oil industry to foreign investment, allow for open competition in the electricity market, enable private companies to build natural gas pipelines with more freedom, and will give producers of clean energy better...

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