Results of the Second and Third Call for Bids Round Two, for the Exploration and Extraction of Hydrocarbons

  • 21 contracts for the exploration and extraction of hydrocarbons in land areas were awarded to 10 companies grouped in 6 bidders.
  • The awarded contracts have an associated investment of approximately $ 2.064 US billion over the next 30 years.
  • The State will receive, on average, 75% of the profits generated in the contracts awarded. It will also receive a total of $ 88 million in cash value per tie-break.
  • The prospective resources associated with the contracts awarded are 435 million barrels of crude oil equivalent.
  • As a result of the above, there will be 6 new operators in the Mexican oil sector.

Source: SENER

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