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EXTRACTION OF HYDROCARBONS IN TABASCO IN ASSOCIATION WITH PEMEX (FAROM OUT), AREA 4 (OGARRIO).

Sector: Hydrocarbons


Last Revision

January 26, 2026
Short Name of the Project:
0498 CNH: PEMEX Association: Area 4 Ogarrio
Type of Investment:
Brownfield
Subsector:
Upstream
Asset (s):
 Oil Field 155.99 Km2-Oil & Gas 
Contract Currency:
US Dollars
Estimated Investment MXN:

21,618,500,894

Estimated Investment USD:

1,120,129,580

Exchange rate (USD/MXN) used by the Ministry of Finance for the economic plan 2026: $ 19.3
Contract Scope:
  Extraction
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DESCRIPTION
License agreement CNH-A4.OGARRIO/2018 for the extraction of hydrocarbons in land zone, in a block of 155.99 km2, for light oil and wet gas extraction.

Main Features:
- Age(s) of play: Neogene and paleogene
- Lithology (s): Sandstone
- Type of hydrocarbon: Light oil and wet gas.
- Remaining reserves 3P: 54 million barrels of oil equivalent (mmboe)

LEGAL AND FINANCIAL STRUCTURE
Type of Project
  Public / Private
Type of Contract
  Farm out
Term
25 years
Selection Process
International Open Tender
Details
Financing Sources
Private
100 %
MXN
21,618,500,894
USD
1,120,129,580
Payment Source
Project revenues
Revenues will come from the sale of hydrocarbons.

STATUS
Stage
  Operation
Substage
  > 5 years of operation
RELEVANT DATES
Request for proposals/Announcement May 02, 2017
Proposals Reception October 04, 2017
Ruling October 06, 2017
Contract Signing March 06, 2018
Execution/Construction Starting Date March 06, 2018
Operation Starting Date March 2018
Term of the Contract March 06, 2043
Contractor
Wintershall Dea México y Pemex Exploración y Producción  
Major Contractor’s Shareholders
Wintershall Dea International GmbH, DEA E&P GMBH, Pemex

GEOLOCATION
State(s)
Tabasco   
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Entity in charge of controlling the possession of communal land, as well as providing documentary legal security derived from the application of the Agrarian Law, and is the operator of the Geospatial Information System (SIG).

SPONSOR

SUSTAINABLE INFORMATION
imagen sostentabilidad
Sustainability Datasheet

PROJECT’S SUSTAINABILITY SUMMARY

The Project is considered to have a high economic and technical impact and its main purpose is to expand the productive capacity of the Hydrocarbon Sector, one of the sectors of greatest interest in Mexico.

* This summary was prepared based on the methodological framework defined by the Inter-American Development Bank (IDB) in the document entitled: “Attributes and Framework for Sustainable Infrastructure”, which is You can check Here.

Additionally, a brief explanation of the methodology and a summary of the questions applied can be consulted in this Document.

DOCUMENTS USED:

ADDITIONAL INFORMATION
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Source
Secretaría de Energía
Description
Federal Government entity responsible for controlling, managing and regulating Mexico’s energy resources, and establishing the national energy policy.
Project Website
 Datasheet
 Results
 Signed contract
 Change of Official Responsible
 1st Amending Agreement
 Additional information
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Source
Concessionaire / Related Company
DEA

MULTIMEDIA

REMARKS
The license agreement for the extraction of hydrocarbons stipulates that the contractor will provide and be responsible for all technical and financial resources required for the execution of the operations and will have the right of ownership over the hydrocarbons extracted in the contractual area. The Contractor will pay a royalty, based on audited Hydrocarbons.

The State is a partner of the contractor. The contributions for the State are:
1. The contractual fee for the exploration phase
2. Consideration based on gross income before deducting costs
3. Adjustment mechanism based on production volume and prices

There are two possible extensions in the contract term subject to the area being in regular commercial production, the first extension of 10 years and a second extension for an additional period of 5 years.
0497 CNH: Asociación de PEMEX: Área 3 Cárdenas-Mora 0508 Puente Usumacinta

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