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Energy

07

Sep 2016

Mexico’s National Hydrocarbons Commission Announces Bid Process for Round 2.2 Which Will Include 12 Oil and Gas Fields

by ScottHulse
in International Trade, Mexico Energy

Mexico’s oil regulator, National Hydrocarbons Commission (Comisión Nacional de Hidrocarburos “CNH”), has announced the second open bid process of Round 2. Round 2.2 includes 12 onshore oil and gas fields with prospective resources of approximately 643.2 million barrels of crude equivalent. Nine of the 12 blocks are located in the Burgos Basin in northern Tamaulipas and northern Nuevo León, and some of those fields are...

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07

Jan 2016

Oil Export Ban Lifted; Implications for Eagle Ford

by ScottHulse
in International Trade, Mexico Energy

January 7, 2016 On December 18, 2015, President Obama signed the Consolidated Appropriations Act of 2016 (H.R.2029.ENR) which lifts a long-standing ban on the export of crude oil from the United States, effective immediately. The repealed ban will affect energy markets in the United States, Mexico, and other international regions. For example, a study by Rice University, published in March 2015, indicates the repeal of...

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