Challenges and opportunities for Mexican and foreign companies in the energy sector in Mexico.

The hydrocarbon sector in Mexico has always faced challenges and opportunities. The constitutional articles that were modified as a result of the Energy Reform brought elements for a reliable and safe management of hydrocarbon resources, which reduce the technical, operational and legal risks faced by the interested groups of this industry.

The appearance of figures such as the State Productive Enterprises, the opening to the participation of national companies, as well as foreign investment; the effective regulations by the regulatory bodies guarantee us the progress of a country that strengthens the sector that had been limited in its capacity to invest.

The determination of contractual areas, the bidding acts, the assignments and migrations, the protection of information collected for the hydrocarbons exploration and extraction of and their adequate use, are some of the achievements that have been obtained to give regulatory certainty and equality of conditions to the energetic actors.

Challenges are faced, but above all, opportunities that stimulate the potential of Mexican and foreign companies dedicated to the energy industry arise. Mexico is rich in hydrocarbon resources, one of the opportunity areas is the use of mature deposits, promoting the use of advanced recovery processes.

Advanced recovery processes encompass a wide range of activities such as the implementation of specific techniques.

In particular, unconventional deposits are also part of the country’s prospective resources. These resources will have a significant impact on the contribution of a better energy supply, favoring local and national development. It requires high technical training, attraction of various types of industries in the hydrocarbons value chain, advanced studies, training of human capital, among some other factors appropriate for the energy sector.

Recall the deep water challenge and its great boom and interest in the bidding processes that defy us to continuous improvement. Given the need to properly explore and extract energy with state-of-the-art technology and optimize production processes.

The heavy and extra heavy crudes are also relevant, in a significant way they abound in the Mexican territory. All this motivates us to deepen the knowledge of the deposits, to modernize the petroleum engineering. It allows us to contribute from the hand of the leaders of the energy industry, to a better administration and obtaining of hydrocarbons.

With a favorable scenario and of great importance for the national economy, for the next few years fossil fuels will continue to be the main source of energy.

The challenges and opportunities presented by the hydrocarbons sector will give certainty that the energy industry in Mexico will continue to be a fundamental topic in the country’s public agenda, will force us to be more creative, to propose and carry out cutting-edge activities and to move with a sense of urgency to work together for the benefit of the Nation.