Blog
Reduction of Pemex’s Share Utility Right
On December 9th, 2019, the Official Gazette published the “Decree that reforms and adds various provisions of the Hydrocarbons Revenue Law” (the Decree) which aim is to reduce Pemex’s shared utility right (DUC[1], by its Spanish acronym) from the current 65% to 58% in...
The Upstream Sector in the AMLO’s first Annual Report of Government
One of the main policies of the administration of President Andrés Manuel López Obrador (AMLO) has been the rescue of the energy sector by strengthening the State's productive enterprises. Below, you will find the relevant data comprised in the Government Report...
Five years after Round Zero: The pending issues
Today, August 13, 2019 marks 5 years of having published the results of the so-called Round Zero, in which the Ministry of Energy (SENER), with the technical assistance of the National Hydrocarbons Commission...
Environmental Obligations to be Fulfilled by the Upstream Industry
Mexico has a solid legal framework that regulates air emissions impacts. In addition, specific guidelines that regulate emissions arise from Exploration and Production (E&P) of hydrocarbons have been developed recently: (i) the Technical Provisions for the...
The best strategy to achieve the long-term development of the Nation.
Yesterday, CNH approved the cancelation of the Bidding CNH-A6-7-Asociaciones/2018, which purpose was to select Pemex’s partner to develop 7 blocks located in Chiapas, Tabasco and Veracruz, mainly Light Oil (405.1 mmboe of 3P). It is not the first...
Changes to the basic organic structure of Petróleos Mexicanos and its Subsidiary Entities, and the appointment of Pemex’s independent advisors.
1. Changes to Petróleos Mexicanos’ (Pemex) structure On March 26th, 2019 in its Extraordinary Session 939, Pemex's Board of Directors approved the merge of four of its Subsidiary Entities: Pemex Drilling and Services with Pemex Exploration and Production; and...
Amendments to the Guidelines that regulate the procedure to submit, approve and supervise the compliance of the Exploration and Development Plans for the extraction of hydrocarbons and its amendments.
On March 12, 2019, the National Hydrocarbons Commission (CNH) approved in its 16th Extraordinary Session, amendments to the Guidelines that regulate the procedure to submit, approve and supervise the compliance of the Exploration and Development Plans for the...
Interpretation of the Technical Guidelines for Hydrocarbons Measurement
During its 3rd Ordinary Session, CNH´s Governing body approved the interpretation for administrative purposes of article 10, section V of the Technical Guidelines for Hydrocarbons Measurement (hereinafter referred as the Guidelines). As...
The awarding of Onshore Areas under the New Administration
Today, CNH approved the extension of the terms provided in the Bidding Guidelines CNH-R02-L03/2018, CNH-R03-L03/2018 and CNH-A6-7-Asociaciones/2018 in order to dialogue with the new administration – currently in the transition stage...
Water Availability in the 295 Partial Reserved Zones
Based on the public interest and the prior relevant technical studies, the Executive is legally empowered: i) to modify or remove closed zones[1] of water basins, and ii) to declare total or partial Reserve Zones[2] in aquifers, water basins, and hydrological regions,...
Amendments to the allocation variables of the Tender Bids: CNH-A6-7 Asociaciones/2018 and CNH-R03-L02/2018
I. CNH-A6-7-Asociaciones/2018 a) Tender Guidelines Regarding the allocation mechanism, SHCP determined fix values to the Additional Royalty: Contractual AreaUnique Value of the Additional RoyaltyArtesa15%Bacal-NelashBedel-GasíferoCinco...
Round 3.3: Is a convenient fiscal regime for Unconventional Fields?
Layla Vargas and Génesis García, members of Muvoil Consulting, explained in the platform of Pulso Energético how the petroleum contracts for unconventional resources include a different and more convenient fiscal regime for this kind of fields:...
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