Mexican state-owned oil company Petróleos Mexicanos (Pemex) is on the lookout for a partner to carry out exploration and production activities on the Nobilis-Maximino area in the deepwater Gulf of Mexico.
The Nobilis-Maximino block is located in ultra-deepwater in the Cinturón Plegado Perdido area of the Gulf of Mexico, 230 kilometers off the coast of Tamaulipas and 15 kilometers from the maritime border with the United States.
It contains total 3P reserves that are estimated at 500 million barrels of crude oil equivalent. With a flow depth between 2, 900 and 3, 100 meters, it covers a total area of 1,524 square kilometers.
In a statement on Monday, the Mexican oil company said joint ventures were a key element for Pemex to „consolidate itself as a modern, competitive and profitable enterprise, as this allows the company to share the risks of exploration and production in its fields, thus making use of the advantages provided by the Energy Reform.“
The call for the international public bidding process that corresponds to this block in the deep waters of the Gulf of Mexico was published today by the National Hydrocarbons Commission.
Pemex Board of Directors has earlier authorized sending the application for migration with a partner for the exploration and extraction in the Nobilis-Maximino block.
Petróleos Mexicanos had requested the Sener (Ministry of Energy) to migrate the assignments for the Cinturón Plegado Perdido 03, 08 and 09, which were assigned to the company during Round Zero, to a contract for the exploration and extraction of hydrocarbons with a partner whose area of expertise is related to this contractual field.
The Nobilis-Maximino block is located in ultra-deep water in the Cinturón Plegado Perdido area of the Gulf of Mexico, 230 kilometers off the coast of Tamaulipas and 15 kilometers from the maritime border with the United States.
According to Tuesday’s statement by Mexico’s National Hydrocarbons Commission (CNH), a call for tenders was published and a basis of bidding for a partnership in the license.
The CNH added that it approved the international public bidding process for the license during the 46th special session of the Commission on September 15.
As stated in the schedule for this bidding process, the CNH will publish the list of bidders on January 24 while the bidding itself will be held on January 31, 2018.
“The Nobilis-Maximino concession is an essential part of Petróleos Mexicanos’ strategy to promote such partnerships that will strengthen its (Pemex’s) operating, financial and technological capabilities,” Pemex said.
Offshore Energy Today Staff