{"id":8067,"date":"2017-07-18T10:00:25","date_gmt":"2017-07-18T15:00:25","guid":{"rendered":"http:\/\/nrgibroker.com\/?p=8067"},"modified":"2017-07-18T10:45:08","modified_gmt":"2017-07-18T15:45:08","slug":"mexico-delays-oil-auction-allows-investors-to-assess-recent-finds","status":"publish","type":"post","link":"https:\/\/nrgibroker.com\/en\/mexico-delays-oil-auction-allows-investors-to-assess-recent-finds\/","title":{"rendered":"Mexico Delays Oil Auction, Allows Investors To Assess Recent Finds"},"content":{"rendered":"

From OilPrice.com<\/a> \/ By Tsvetana Paraskova<\/a> – Jul 17, 2017, 3:00 PM CDT<\/span><\/h4>\n

“Mexico\u2019s next offshore oil auction will be held in January next year instead of in December 2017 as initially planned, in order to give bidders more time to assess all new data in view of the recent huge finds in the Mexican part of the Gulf of Mexico, the head of Mexico\u2019s oil regulator told Bloomberg in an interview<\/a> published on Monday.”<\/span><\/h4>\n

“Last week, UK-based Premier Oil, along with its partners Talos Energy and the Mexico City-based Sierra Oil & Gas, said that they struck oil in excess of 1 billion barrels<\/a>in the shallow waters in the southern Gulf of Mexico.”<\/span><\/h4>\n

“The very same day, Italy\u2019s Eni\u2014which had drilled<\/a>\u00a0a successful exploration well in Mexico\u2019s shallow water, discovering much more oil than was anticipated\u2014said that thanks to the results of a new offshore well, the major is raising its estimate of resources in place at Amoca to 1 billion barrels<\/a> of oil equivalent, \u201cpaving the way for the implementation of an accelerated development plan.\u201d”<\/span><\/h4>\n

“Following these results, Eni will submit an accelerated and phased development plan in 2017 targeting an early production phase with a plateau ranging from 30,000 to 50,000 bopd with the start of operations planned for early 2019, the Italian group said.”<\/span><\/h4>\n

\u201cThere was already interest to come, explore and work in the Gulf of Mexico before these finds, but now to have discoveries in such a short time, interest of international entrants to have activity in Mexico has renewed,\u201d Juan Carlos Zepeda, head of Mexico\u2019s National Hydrocarbons Commission that oversees the industry, said in an interview with Bloomberg.<\/span><\/h4>\n

\u201cInternational and national interest is awakening,\u201d the official noted, adding that Mexico would announce the areas up for grabs at the next auction \u201cin a few days\u201d.\u00a0<\/span><\/h4>\n

“Oil majors are\u00a0snatching up\u00a0<\/a>offshore blocks in Mexico, with the latest auction exceeding expectations. Mexico is planning to\u00a0hold four more\u00a0<\/a>oil and gas block tenders by November 2018 as part of efforts to ensure the sustainability of its energy industry and make better use of its hydrocarbon reserves.”<\/span><\/h4>\n

\"shutterstock_19805074\"<\/a><\/h4>\n

<\/h4>\n

From OilPrice.com<\/a> \/ By Tsvetana Paraskova<\/a> – Jul 17, 2017, 3:00 PM CDT<\/span><\/h4>\n

<\/h4>\n","protected":false},"excerpt":{"rendered":"

From OilPrice.com \/ By Tsvetana Paraskova – Jul 17, 2017, 3:00 PM CDT “Mexico\u2019s next offshore oil auction will be held in January next year instead of in December 2017 as initially planned, in order to give bidders more time to assess all new data in view of the recent huge finds in the Mexican […]<\/p>\n","protected":false},"author":1,"featured_media":6902,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1017],"tags":[],"class_list":["post-8067","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/posts\/8067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/comments?post=8067"}],"version-history":[{"count":0,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/posts\/8067\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/media\/6902"}],"wp:attachment":[{"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/media?parent=8067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/categories?post=8067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/tags?post=8067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}