- Pemex, the most attractive partner to invest in the Mexican oil sector
In continuing the farmout bidding process of the Nobilis-Maximino deepwater block in the Gulf of Mexico, the National Hydrocarbons Commission (CNH), under the user licensing process made technical information on these áreas available to third parties.
The data package, which includes 3D seismic information and information on Wells, may be consulted through the link of the National Hydrocarbons Information Center http://portal.cnih.cnh.gob.mx/info.php
The leading companies in the sector seeking to participate in the Mexican oil industry have the opportunity to enter a joint venture with Pemex to explore these fields with high hydrocarbons potential. Due to the experience of its technicians and engineers and the Deep knowledge they have regarding the oil areas in our country, Pemex is the most attractive partner to develop these activities. The characteristics of this block and its bidding process were recently exposed before 116 companies, during the Farmout Day that was held in the City of Houston.
This farmout is a part of the Petróleos Mexicanos strategy, which is considered in the 2017-2021 Business Plan, to use the advantages supplied by the Energy Reform, in order to promote alliances with oil companies that will allow it to complement its operating capacities and share financial, technological and geological risks. Thus, Pemex continues to incorporate the best international industry practices.
The Nobilis-Maximino block is located in the area of Perdido, 15 kilometers from the sea border with the United States and 230 kilometers from the coast of Tamaulipas. It has over 500 million barrels of crude oil equivalent (bpce) in its total 3P reserves, as well as prospective resources greater than 700 million bpce, mainly light crude oil. It covers a total area of 1,524 square kilometers, with a flow depth of between 2,900 and 3,100 metros. The fields were discovered by Pemex in 2013 and 2016.