Mexico aims for 2018 unconventionals auction
Mexico mexico-veracruz-oil
Speaking to reporters after the close of the successful Round 2.4 deepwater auction, Juan Carlos Zepeda of the National Hydrocarbons Commission (CNH) said that the regulator is waiting for approval from the Secretariat of Energy so that it can open a tender for shale resources.
“We are waiting for the ministry of energy to establish the specific schedule […] to award the blocks before the end of this year,” Zepeda was quoted as saying by Reuters.
The auction would likely offer areas in Mexico’s Burgos Basin, which contains part of what in the USA is the Eagle Ford formation. According to Zepeda, blocks in the states of Veracruz and Tamaulipas, as well as the Tampico-Misantla Basin, would also be offered.
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