Mexico New Players Market Report 2019-03-20

2019
Mexico:
Offshore market
- the new players
March 2019
Prepared by Sven Feldhaus, Mexico Country Manager
Norwegian Energy Partners (NORWEP)
1
Preface
This report contains updated information regarding activity in the blocks

awarded since 2015 after passing of the Energy Reform in Mexico. It tries to
offer a quick reference of timelines and general information regarding the
operators of these blocks (except PEMEX) and their current activities, as well
as outlook into the next couple of years.
You will find a table of contents where you can click on the desired block or
area which will the automatically take you to the chosen segment. The index
is organized by bidding rounds and includes the operating company. At the
bottom of the document you will also find an index by company.
There is an executive summary after the table of contents that will give you a
quick glimpse on how the bidding rounds were organized and what the general
characteristics are for each one of them.
Finally, in each awarded area/block, you will find contact details, work
program and general information about the specific block. This document will
be updated on a regular basis.
2
Table of Contents
Executive Summary ................................................................................................................ 5
License Round 1.1 – Shallow Water ....................................................................................... 6
Area 2: Talos Energy........................................................................................................... 7
Area 7: Talos Energy ........................................................................................................... 9
License Round 1.2 – Shallow Water ..................................................................................... 11
Area 1: Eni (Amoca, Miztón and Tecoalli Fields) .............................................................. 12
Area 2: Hokchi Energy (Hokchi Field) ................................................................................ 13
Area 4: Fieldwood Energy (Ichalkil and Pokoch Fields) .................................................... 15
License Round 1.4 – Deep Water ......................................................................................... 16
Perdido Fold Belt Area 1: CNOOC ..................................................................................... 17
Perdido Fold Belt Area 2: Total ......................................................................................... 18
Perdido Fold Belt Area 3: Chevron.................................................................................... 19
Perdido Fold Belt Area 4: CNOOC ..................................................................................... 20
Saline Basin Area 1: Equinor ............................................................................................. 21
Saline Basin Area 3: Equinor ............................................................................................. 22
Saline Basin Area 4: Petronas Carigali .............................................................................. 23
Saline Basin Area 5: Murphy Oil Corp. .............................................................................. 24
License Round 2.1 – Shallow Water ..................................................................................... 26
Tampico Misantla Area 2: Pemex ..................................................................................... 27
Southeast Basins Area 6: Petronas Carigali ...................................................................... 28
Southeast Basins Area 7: Eni ............................................................................................. 29
Southeast Basins Area 8: Pemex ....................................................................................... 30
Southeast Basins Area 9: Cairn Energy ............................................................................. 31
Southeast Basins Area 10: Eni........................................................................................... 32
Southeast Basins Area 11: Repsol ..................................................................................... 33
Southeast Basins Area 12: Lukoil ...................................................................................... 34
Southeast Basins Area 14: Eni........................................................................................... 35
Southeast Basins Area 15: Total ....................................................................................... 36
License Round 2.4 – Offshore ............................................................................................... 37
CNH-R02-L04-AP-PG02/2018 Deep Water- Salina del Bravo .......................................... 38
CNH-R02-L04-AP-PG03/2018 Deep Water Salina del Bravo............................................ 39
CNH-R02-L04-AP-PG04/2018 Deep Water Salina del Bravo............................................ 40
CNH-R02-L04-AP-PG05/2018 Deep Water Perdido Fold Belt Area 05 ............................. 41
CNH-R02-L04-AP-PG06/2018 Deep Water Salina del Bravo Area 06 .............................. 42
CNH-R02-L04-AP-PG07/2018 Deep Water Salina del Bravo Area 07 ............................... 43
CNH-R02-L04-AP-CM-G01/2018 Deep Water Cordilleras Mexicanas Area 01................ 44
CNH-R02-L04-AP-CM-G03/2018 Deep Water Cordilleras Mexicanas Area 03................. 45
3
CNH-R02-L04-AP-CS-G01/2018vDeep Water Cuenca Salina Area 01 .............................. 48
CNH-R02-L04-AP-CS-G02/2018 Deep Water Cuenca Salina Area 02 ............................... 49
CNH-R02-L04-AP-CS-G04/2018 Deep Water Cuenca Salina Area 04 .............................. 51
CNH-R02-L04-AP-CS-G05/2018 Deep Water Cuenca Salina Area 05 .............................. 52
CNH-R02-L04-AP-CS-G09/2018Deep Water Cuenca Salina Area 09 ............................... 55
CNH-R02-L04-AP-CS-G10/2018AP-CS-G10 Deep Water Cuenca Salina Area 10 .............. 56
License Round 3.1– Shallow Water ...................................................................................... 57
CNH-R03-L01-G-BG-05/2018 Shallow Water Burgos Basin, Area 05 ............................... 58
CNH-R03-L01-AS-B-57/2018 Shallow Water Burgos Basin, Area 57 ............................... 59
CNH-R03-L01-G-BG-07/2018 Shallow Water Burgos Basin, Area 07 .............................. 60
CNH-R03-L01-AS-B-60/2018 Shallow Water Burgos Basin, Area 60 ............................... 61
CNH-R03-L01-G-TMV-01/2018 Shallow Water Tampico-Misantla, Area 01 .................... 62
CNH-R03-L01-G-CS-01/2018 Shallow Water Salina Baisin, Area 01 ................................. 66
CNH-R03-L01-AS-CS-13/2018 Shallow Water Salina Baisin, Area 13 ............................... 67
4
Executive Summary
As part of Mexico’s Energy Reform to increase private and foreign investment in the Oil & Gas
industry, the National Hydrocarbons Commission (CNH) started in 2015 the licensing rounds for the
bidding of offshore exploration and production in areas and blocks located in the Gulf of Mexico. So
far, two rounds containing several bids have been completed and awarded. This document explains
how the areas have been awarded to each of the participating companies, which ones are involved
in what contractual area either, individually or as a consortium, description of the areas/blocks,
contractual commitments and current working plans from each operator. The offshore license
rounds have been divided as following:
 Round 1.1: 14 Shallow water areas covering a total of 4,222 km2 at the Southeast Basins.
This has been the most explored and with biggest percentage of accumulated production
province in Mexico. Out of the 14 areas, only two of them were actually awarded, the other
twelve were declined by the bidders. These awarded areas are located between 20 to 60km
away from the shores of Veracruz and Tabasco, and with water depths of up to 170m.
 Round 1.2: The second bid from license round one consisted in 5 shallow water areas
covering 278.5 km2 at the Marina Suroeste and Litoral Tabasco regions which are also part
of the Southeast Basins. The 3 awarded areas in this round are located at about 30 to 50 km
from the shores of Tabasco and Campeche and with water depths between 28 to 45m.
 Round 1.4: The fourth bid from the first licensing round belongs to 10 deep water blocks
covering a total area of 23,835 km2 and located at both Perdido Area and Saline Basin. Only
two blocks from these 10 were declined by bidders, the other eight awarded blocks are
located at about 120 to 280 km away from the shores of Tamaulipas and Veracruz with
water depths of 500 to 3,600m.
 Round 2.1: The bid consisted in 15 shallow water blocks covering a total of 8,909 km2 at the
oil provinces of Tampico Misantla, Veracruz and Southeast Basins. Ten blocks were awarded
out of the fifteen, these are located at 20 to 80km away from the shores of Veracruz,
Tabasco and Campeche with water depths of 30 to 500m.
 Round 2.4: The bid consisted in 29 contract areas covering a total area of 66,424.9 km2 at
the oil provinces of Perdido Fold Belt, Cordilleras mexicanas, Salina basin, Salina del bravo.
Nineteen blocks were awarded by CNH in July 2017 out of the twenty-ninth, these are
located at 40 to 60 miles from the cost of Tamaulipas, Veracruz and Tabasco. Nine of these
areas are located in the perdido fold belt, ten in the cordilleras Mexicana’s and ten more
are located in the Salina Basins Oil Provice
 Round 3.1: The bid consisted in 35 contract areas covering a total area of 26,042.9 km2
shallow water blocks at the oil provinces of Burgos Basins, Tampico-Misantla-Veracruz and
Southeast Basins Oil Provice. Sixteen blocks were awarded by CNH in March 2018 out of the
twenty-ninth, these are located in front of the coast of Tamaulipas, Nuevo León, Tabasco
and Campeche. Thirteen of these areas are located in the Burgos Basin, fourteen in the
Tampico-Misantla-Veracruz province and eight are located in the Southeast Basins Oil
Provice.
 Farmouts: There’s only one offshore farmout assigned, Trion Field, covering an area of
1,285km2 and located at the Perdido Area at around 180km away from the shores of
Tamaulipas with a water depth of up to 2,570m.
5
License Round 1.1 – Shallow Water
The first licensing round bid consisted in 14 shallow water areas covering a total of 4,222
km2 at the Southeast Basins. Out of the 14 areas, only two of them were actually awarded
by the CNH in September 2015, the other twelve were declined by the bidders. These
awarded areas are located between 20 to 60km away from the shores of Veracruz and
Tabasco, and with water depths of up to 170m.
These contracts are based on a shared production mechanism and have a duration of 30
years with two additional extensions of 5 years each. The national content required for the
evaluation period should be at least 13%, then 25% for the first year of development and
afterwards it should be increasing at a constant rate every year expecting to have a 35% at
2025.
Production reservoirs are estimated to be found mostly between lower Pliocene and lower
Miocene and some in fractured Cretaceous formations.
Contract Timeline
Contract signature
15 March 19
04-Sep-15
04 Sep 19
04 Sep 45
EXPLORATION DEVELOPMENT
2-Jan-16
(+30 days): 2-Feb-16
Approval
(+120 days): 1-May-16
Sep- 16
Oct-16
Approval
CNH Approval (+30 days): 30-
Periods)
Programs either for
Exploration of Development
Transition Stage (+90 days)
Work
Appraisal Period (+1 year)
Work program 2017: 30 –
CNH Exploration Plan
CNH Development Plan

1st Work Program &
Exploration Plan (+120 days):
CNH Work Program Approval
(Same Dates for every year’s
6
The awarded areas for license round 1.1 are the following:
Area 2: Talos Energy
Oil Province Southeast Basins

Geological
Isthmus Saline
Province
Region Southeast Basins
Pliocene sands and
Field fractured Cretaceous
limestones.
Surface 194 km2
Water Depth 30m
Main
Light Oil (28-30o API)
Hydrocarbon
Hokchi Energy, Talos Energy Offshore México 2 S. de R.L. de C.V., in consortium with Sierra O&G
Exploración y Producción S. de R.L. de C.V. and Premier Oil Exploration and Production México
S.A. de C.V.
- Hokchi Energy 47.5% (Operator)
- Talos Energy – USA 22.5%
- Sierra Oil & Gas – México. 22.5%
- Premier Oil – UK 20%
www.hokchienergy.com
www.talosenergyllc.com
www.sierraoilandgas.com.mx
www.premier-oil.com
Contact Details Address
Loren Long
Managing Director Mexico
Phone: +1 713 328 3000 Av. Ejército Nacional No. 418, Piso 7, Colonia
Polanco V Sección, Delegación Miguel Hidalgo.
Francisco Noyola CP 11560, CDMX.
Country Manager Mexico of Talos Energy
Presidente Masaryk 29, Piso 1, Col. Polanco,
Fernando Villareal 11560 Ciudad de México
Director general Hokchi Energy
fvillarreal@pan-energy.com
Work Program:
Talos Energy has “Pakal-1” as the only committed exploration well to be drilled at contractual area
no. 2. The drilling activities for this well are scheduled for 1Q 2019. Contractual commitments cover
also wells and special geophysics registry, pressure and fluid formation analysis, nucleus study and
sampling including special nucleus analysis, PVT tests, reprocessing and interpretation of seismic 3D;
the seismic reprocessing and interpretation. According to the provided seismic information, Talos
Energy estimates that reservoirs formations are located between lower Miocene and lower Pliocene.
7
October 30 2018, the consortium requested at CNH approve the modification of the percentages of
participation in the consortium to add Hokchi Energy (subsidiary of Pan American). The CNH approved
the modification at 47.5% Hokchi Energy, Sierra Blanca 22.5%, Talos 20% y Premier 10%.
November 2018, Talos presented his annual program and budget 2019. In the program, Talos
reported that it had identified prospects that were more attractive than its initial target of Pakal-1,
previously scheduled for drilling in 2018. The company will drill the exploration well in 2019. They
used 2018 to reprocess seismic data and conduct shallow geohazard and geotechnical studies, in
order to select a new drilling target.
February 25 2019, CNH authorize Hokchi Energy to drill the exploratory well Acan-1 EXP located at
14 kilometers of Coatzacoalcos coast. The well has prospective resources of 30.8 million barrels of
oil equivalent, mainly medium oil, with 22 API gravity. The drilling program will be from 5-11 of April.
For this program the consortium will hire a jack up owned by Borr drilling enterprise, with a drilling
capacity if 10,688 m and a maximum depth water of 107 m.
It is expected that the first barrels will be produced in 2020, reaching its production peak in that
same year. With a short-term investment of 320 million dollars.
As activity has started, suppliers should seek registering with Talos. The full information about the
tender is public in the next link:
https://www.talosenergy.com/operations/Rig-Tender/default.aspx
https://www.talosenergy.com/operations/Mexico-Integrated-Services-Tender--In-Spanish/default.aspx
The deadline to complete the minimum work program is September 4, 2019.

The German oil and gas firm DEA has entered an agreement to purchase Sierra Oil & Gas
8
Ubicación
Area 7: Talos Energy
Geological
Isthmus Saline
Province
Region Southeast Basins
Field Pliocene sands
Surface 465 km2
Water Depth 166 m
Main
Light Oil (28-30o API)
Hydrocarbon
Talos Energy Offshore México 7 S. de R.L. de C.V. in consortium with Sierra O&G Exploración y
Producción, S. de R.L. de C.V. and Premier Oil Exploration and Production México S.A. de C.V.
- Talos Energy – USA (Operator) (35%)

- Sierra Oil & Gas – México (40%)
- Premier Oil – UK (25%)
www.talosenergyllc.com
www.premier-oil.com
Loren Long
Av. Ejército Nacional No. 418, Piso 7, Colonia
Managing Director Mexico
Phone: +1 713 328 3000
CP 11560, CDMX.
Francisco Noyola
Presidente Masaryk 29, Piso 1, Col. Polanco,
Country Manager Mexico of Talos Energy
11560 Ciudad de México
Work Program:
For contractual area no. 7, Talos Energy has one committed exploration well, “Zama-1”, in which
drilling activities started in May 2017. As in area no. 2, contractual commitments include seismic
reprocessing, interpretation and the associated analysis and tests.
Zama-1 exploration well concluded drilling operations in July 2017, reaching a total depth of 4,109m.
Well results confirmed the 200m reservoirs width, with no penetration of an oil-water-contact. No
additional hydrocarbons were found at deeper formations. This was a very successful exploration
well, in which estimated reserves increased to between 1,400 to 2,000 MMboe at the upper Miocene
compared to the estimated 112MMboe at the bidding process. Talos finished drilling operations ahead
of schedule and under budget, suspending the well as a future producer. Currently the data gathered
from Zama-1 well is being analyzed and evaluated.
At the end of 2018 Talos began the appraisal of the Block 7, this process includes the drilling of two
wells along with a sidetrack and a well test. Mexico’s National Hydrocarbons Commission approved a
$325 million budget for appraisal drilling in September 2018. They will use the Ensco 8503 floating
drilling rig, also used to drill Zama 1.
9
Talos Energy began the drilling of the exploration well “Zama-2”. It well is located at the 2.1km north
of the “Zama-1” discovery well, with the aim of confirm the presence of oil reserves, reaching the top
of the Zama reservoir at a depth of approximately 3,279m. In addition, this well drilling will go 500m
under the basin to discover the exploratory area named “marte”. The appraisal confirmed that the
reservoir quality of the Zama-2 well was similar to that of Zama-1 and in line with the consortium’s
expectations, with a higher net-to-gross ratio of 73% compared to Zama-1’s 63%. About the Marte
reservoir they did not find any hydrocarbons.
Another exploratory well drilling will be done in the south part of zama-1: “Zama-3”. This well has
the purpose of delimiter the basin and gather geological information. The appraisal and drilling
program is expected to be complete by the end of 2019. They are expecting to start production in
2022.
September 21 2018, Talos and PEMEX signed a preliminary unification agreement in relation to certain
segments within the Amoca-Yaxcha-03 assigned to PEMEX in Round 0 and the block 7 (Zama). The
duration of this agreement is two years. The agreement allows to share information for the evaluation
of the extension of the Zama discovery.
Significant appraisal, engineering and design work will be required to move forward with the
development program of the field. Zama is planned to be developed with three production platforms.
Each platform installation will comprise a single jacket and topsides, and will be able to support
production rates of up to 100,000 barrels of oil per day.
Produced oil will be transported via a pipeline to Dos Bocas terminal located onshore, approximately
70km away from the project site.
The deadline to complete the minimum work program is September 4, 2019.

The German oil and gas firm DEA has entered an agreement to purchase Sierra Oil & Gas
10
The second bid from license round 1, consisted in 5 shallow water areas located at about
30 to 50 km from the shores of Tabasco and Campeche and with water depths between 28
to 45m. These contractual areas cover 9 fields which were already discovered by Pemex,
including exploration work; therefore, these areas have to be evaluated with appraisal wells
for their development. The CNH assigned 3 out of the 5 areas in November 2015, the other
two were declined by the bidders.
These contracts are based on shared production mode and have a duration of 25 years with
two additional extensions of 5 years each. The national content required for the evaluation
period should be at least 17%, then 25% for the first year of development and it should be
increasing at a constant rate every year expecting to have a 35% at 2025. The appraisal
period is intended to last between 2 to 3 years to consequently start with the development
period.
Production reservoirs are estimated to be found at mid-Pliocene period for Areas 1 and 2;
and at the Jurassic period for Area 4.
Contractual Timeline
Contract signature
15 March 19
30 Nov 15
04 Sep 19
30 Sep 45
28 Feb -16
(+60 days): 28 April-16
Sep- 17
Oct-17
Approval
CNH Approval (+30 days): 30-
(120 days)
(+30 days): 30 Dec 17
(Same Dates for every years

Work program 2018: 30 –
Activities
CNH Evaluation Plan Approval

1st Work Program &
Exploration Plan (+120 days):
Notification to Continue
Development Plan (+1 year)
11
Ubicación
Area 1: Eni (Amoca, Miztón and Tecoalli Fields)

Geological Isthmus Saline
Province
Region Pliocene sands
Field Amoca, Miztón y
Tecoalli
Surface 67.2 km2
Water Depth 29-33 m
Main Light Oil and gas.
Hydrocarbon
ENI México, S. de R.L. de C.V.
- ENI – Italy (Operator).
www.eni.com
Tito Andrea Bianco
Technical Director ENI México Av. Paseo de las Palmas 425, Interior 1001-
Phone: +52 (55) 3000-1920 / +52 1 (55) 1002. Colonia Lomas de Chapultepec,
1798-4155 Delegación Miguel Hidalgo. CP 11000, CDMX.
tito.bianco@eni.com
Work Program:
For Area 1, which covers the Amoca, Mizton and Tecoalli fields, Eni committed to drill 4 wells. ENI
already finalized 5 well drilling: Amoca-2, Amoca-3DEL, Mizton-2, Tecoalli-2 and Amoca-4DEL. As per
drilling results, the two Amoca and the Mizton wells successfully confirmed that production reservoirs
are located at lower and mid-Pliocene, but most important, the estimated production was increased
to up to 1,000MMboe from Amoca field and 100MMboe for a total of 1,400MMboe from area 1, from
which at least the 90% is oil. Amoca-2 and Amoca-3 wells were drilled to up to 3,500m and 4,330m
respectively, this last one with a net pay oil of 410m with API 25-27o. API 28-33o was confirmed at
Mizton well.
Eni submited the Amoca development plan by December 2017. ENI completed and exceed the
minimum investment plan by 27.6%. Also, they completed all the geophysical studies and records,
MDT, core analysis, PVT tests, extended range production test / reprocessing and 3D seismic
interpretation.
The National Hydrocarbons Commission (CNH) reports a total of 412.5 million barrels of oil
equivalent in 2P reserves. ENI will start production of the Mitzón field in the first quarter of 2019,
with a production of 90 thousand barrels per day, with an investment of 7,496 million dollars in 22
years, according to its development plan. They will be the first time an FPSO will be used for
offshore production in Mexico.
12
In February 2018, Eni was awarded aUbicación
65% interest and the operatorship of the Block 24. The new
blocks are closed to Area 1 block and, in the case of a successful exploration campaign they will allow
significant operational synergies.
Area 2: Hokchi Energy (Hokchi Field)

Geological Marina Southeast /
Province Litoral Tabasco
Region Sands of the
Tertiary
Field Hokchi
Surface 39.6 km2
Water Depth 28 m
Main Black Oil (26o API)
Hydrocarbon
Hokchi Energy S.A. de C.V. and E&P Hidrocarburos y Servicios S.A. de C.V.
- Hokchi Energy – Mexican Subsidiary from
Pan American Energy (Operator).
- Pan American Energy – Argentina.
- E&P Hidrocarburos y Servicios –
Argentina.
www.hokchienergy.com
www.pan-energy.com
Fernando Villareal Calzada Legaria No. 549, Torre A, Piso 4, No.
Director general Hokchi Energy 402. Colonia 10 de Abril, Delegación Miguel
fvillarreal@pan-energy.com Hidalgo. CP 11250, CDMX.
Work Program:
Hokchi Energy completed its appraisal well campaign at early October with 5 wells, all located at
approximately 30km from shore. Well testing was through a small FPSO and offloaded to Pemex
infrastructure. The evaluation of the field and its reservoir potential finalized; part of the evaluation
estimates that production reservoirs are located at sands from Cenozoic Era. The appraisal confirmed
the existence of reserve for more than 187 million barrels of oil equivalent.
The deadline to complete the minimum work program was January 2018.
13
The development plan was presented to CNH on December 2017 and was approved on April 2018.
Hokchi Energy initiated execution at 2H 2018, its plan included:
Physical activities to be performed: Wells Physical activities to be carried out: Facilities

Completion of wells that are in temporary Jacket type production platforms (2)
abandonment (5) Offshore pipelines for fluid transport and water
Drilling and completion of producing wells (5) injection (2)
Drilling and completion of injection wells (4) Umbilical (1)
Conversions from three producers to injectors Coastal arrival (1)
Electrocentrifugal Pump Replacement (42) Offshore plant for fluid processing and water
injection (1)
Onshore pipelines to delivery and
measurement point 1
Measurement delivery facilities 1
Interconnections between both platforms and a
main pipeline from platform to shore.
Hokchi infrastructure will be independent from Pemex’s existing infrastructure.
According to its development plan, Hokchi will invest 2,500 million dollars in the next 25
years. The goal of producing is 147.8 million barrels of oil and 45.4 trillion cubic feet of
gas, with a production peak of 29 thousand barrels per day in 2021 and a minimum of 15
thousand barrels in 2040.
In the first stage, $800 million will be allocated for the construction of two production
platforms, laying of marine and land pipelines and the installation of an oil and gas
processing plant in Paraiso, Tabasco. The plant began construction in October 2018 (50%
of progress on February 2019). It will be used to treat oil, gas, water, water injection and
electricity generation.
Hokchi’s operating facilities are located in Paraiso (Dos Bocas Port), Tabasco.
14
Ubicación
Area 4: Fieldwood Energy (Ichalkil and Pokoch Fields)

Geological Marina Southeast /
Province Litoral Tabasco
Region Sands of the
Tertiary
Field Ichalkil y Pokoch
Surface 58 km2
Water Depth 45 m
Main Black Oil (30o API)
Hydrocarbon
Fieldwood Energy E&P México, S. de R.L. de C.V., y Petrobal Upstream Delta 1, S.A de C.V.
- Fieldwood Energy – USA (Operator).

- Petrobal – Mexico.
www.fieldwoodenergy.com
www.petrobal.com.mx
Andres Brügmann
Country Manager - Mexico
Phone: +52 1 (55) 6250 5622 / +1 (281)
928 5710 Calz. General Mariano Escobedo 476, Piso 12.
andres.brugmann@fwellc.com Colonia Granada, Delegación Miguel Hidalgo. CP
11000, CDMX.
Carlos Morales Gil
Country Manager – Mexico Petrobal
Work Program:
Fieldwood Energy has completed the drilling of appraisal wells and is currently performing their
evaluation in both Ichalkil and Pokoch fields, it’s known that most of the production reservoirs are
located at limestones formations.
In January 2019, the CNH approved the proposed development plan. 7,572 million dollars will be
invested for the duration of the contract, which will be in force until 2041. The incorporation of
reserves reached 563.2 mmbpce (millions of barrels of crude oil equivalent), 7 times the volume of
reserves considered in the auction. It is expected to have a production peak of 104 thousand
barrels per day in 2026.
The development plan includes the drilling of 21 wells, plus one injector well for wastewater. It is
intended to recover 455 million barrels, and 567 million cubic feet of gas.
Bidding processes will be managed from Mexico and information will be published in Mexican
newspapers as well as company website.
Operating facilities are located in Ciudad del Carmen, Campeche.
15
License Round 1.4 – Deep Water
The fourth bid from the first licensing rounds correspond to 10 deep water blocks covering
a total area of 23,835 km2 located at both Fold Belt Area and Saline Basin. Only two blocks
from these 10 were declined by bidders, the other eight blocks were awarded by CNH in
March 2017, these are located at about 120 to 280 km away from the shores of Tamaulipas
and Veracruz with water depths ranging from 500 to 3,600m.
These contracts are based on a license mode and have a duration of 35 years with two
possible extensions of 10 and 5 years respectively, which should be requested as established
in contract. Exploration and appraisal period is intended to last 4 years with two additional
extensions of 3 years each. The national content required for the exploration is 3% for initial
period, 6% and 8% at first and second additional periods respectively; to 4% from the
moment that the development plan is approved until the start of regular commercial
production; and 10% from the beginning of the regular commercial production.
Production reservoirs of light and superlight oil are estimated to be found mostly between
Paleogene and Neogene for the Areas at Perdido; and from upper Jurassic to Neogene for
the Saline Basin Areas.
Contractual Timeline
Contract signature
10-March-2017
15 March 19
10 March 21
10 March 52
Approval
days): 06-Sept-17
Oct-17
Approval
(+120 days): 04- Jan-2018
days)
Approval (+30 days): 06-
CNH Approval (+30 days):
years)
Transition Stage (+120
CNH Work Program
approval (+60 days)

Same dates for every year
1st Work Program &
Exploration Plan (+180
CNH Evaluation plan

CNH Exploration Plan

year
Development Plan (+2

Yearly Work Program: first
day of 4Q from previous
16
Ubicación
Perdido Fold Belt Area 1: CNOOC
Oil Province Fold Area

Geological
Fold Belt
Province
Region Deep Water
Medium grain sand
Field
Fine grain sand
Surface 1,678 km2
Water Depth 1,000 - 3,100 m
Main
Superlight Oil
Hydrocarbon
China Offshore Oil Corporation E&P México S.A.P.I. de C.V.
- China National Offshore Oil Corp – China

(Operator).
www.cnooc.com.cn/en/
Jianghe Yue Av. Paseo de las Palmas No. 405, Interior 504,
Project Manager Colonia Lomas de Chapultepec, Delegación Miguel
yuejh@cnooc.com.cn Hidalgo. CP 11000, CDMX.
Work Program:
CNOOC presented in September 2017 the Area 1 exploration plan. April 2018, Mexico’s National
Hydrocarbons Commission has approved a plan by China’s CNOOC to drill two to four wells in the
Fold Belt Area. Exploration will start in early 2019. According to the exploration plan, they will
invest 289 million dollars in exploration work.
Area 1, from which the original coverage of 3D seismic data is 100% completed. Targeted super light
oil reservoirs are expected to be found at Paleogene containing sandstones with fine to medium
grains.
The company in 2019 will drill the Ameyali-1 well, which has a water depth of 1,450 meters and will
reach a depth of 4,700 meters, which would target upper Wilcox objectives that represent the best-
imaged structure to date on the blocks, CNH information. That could result in the incorporation of
reserves of up to 225 million barrels. If it is successful, the company will proceed to drill Ameyali-2
a delineation well, or if it does not succeed, the exploratory well Tlami-1 will be drilled. According to
CNOOC estimates, the block could contain reserves of up to 225 million barrels.
This project and Area 4 are handled by CNOOC International with its HQ in Beijing.
The deadline to complete the minimum work program is April 17, 2021.
17
Ubicación
Perdido Fold Belt Area 2: Total
Oil Province Perdido Area

Geological
Perdido Fold Belt
Province
Neogene
Region
Paleogene
Medium grain sand
Field
Fine grain sand
Surface 2,976.59 km2
Main
Superlight Oil
Hydrocarbon
Total E&P México S.A. de C.V. and Exxonmobil Exploración y Producción México S. de R.L. de
C.V.
- Total - France (Operator).
- ExxonMobil – USA.
www.total.com / www.total.com.mx
www.corporate.exxonmobil.com
Michel Herve Leo
Campos Eliseos No. 345, Edificio Omega Piso 8,
Legal Representative Total E&P México
Colonia Polanco Chapultepec, Delegación Miguel
Phone: +52 (55) 5282 4429
Hidalgo. CP 11560, CDMX.
michel.leo@total.com
Work Program:
Total has presented their exploration work plan to CNH, and it was approved on March 2018.
There was a contractual commitment to drill two wells, although first activities include seismic
processing. Original coverage of 3D seismic is 80% of the block’s surface, so additional seismic needs
to be acquired. The target reservoir is in the Paleogenic, containing sandstones from fine to coarse
grains. Other than the seismic processing at this time, there is no other immediate activities on the
horizon.
The 2,976-sq-km block is believed to contain some 1,440 billion barrels of oil equivalent in mostly
light and extra light crude as well as natural gas, according to energy ministry data
The four-year exploration plan for the block in the Perdido Fold Basin just south of the U.S.-Mexico
maritime border calls for drilling either one or two exploration wells in the block in 2019. The first is
drilling only Etzil-1 with a total depth of 7,000 meters. The second plan is to drill Etzil-1 and another
well at the end of 2020, each with a depth of 4,900 meters. The company committed 145 million
dollars for the drilling of the ultra-deepwater structure Etzil, this will be the first deepwater well.
Etzil’s exploration targets are the Oligocene and Wilcox, both proven plays in the region. This second
well would drill the untested Miocene horizon. Etzil is the most prolific structure identified in an
exploration program approved by CNH to date of blocks awarded at Mexico’s deepwater hydrocarbon
auction Round 1.4. Total and ExxonMobil has estimated it has 50% probability of holding as much as
2.7 billion barrels of oil equivalent of prospective resources. Incorporate as much as 916 million boe
from the 80 sq km structure.
18
Etzil is 100 km southwest of Pemex’s prolific Maximino-Nobilis deepwater project, which has 700
million boe of proven, probable and possible reserves of light oil and gas. The area is also 10 km east
of Vasto-1 and Melanocetus-1, two Ubicación
gas producing exploratory wells.
The deadline to complete the minimum work program is March 23, 2022.
Perdido Fold Belt Area 3: Chevron

Geological
Bravo Saline
Province
Region -
Field -
Surface 1,686.9 km2
Water Depth 500 - 1,700 m
Main
Light Oil (o API)
Hydrocarbon
Chevron Energía de México S. de R.L. de C.V., Pemex Exploración y Producción and

Inpex E&P México S.A. de C.V.
- Chevron - USA (Operator).
- Pemex – México.
- Inpex – Japan.
www.chevron.com
www.pemex.com
www.inpex.co.jp/english/
Stan Franklin
General Manager LA, Frontier Exploration and Av. Paseo de las Palmas No. 405, Mezzanine,
Appraisal. Colonia Lomas de Chapultepec, Delegación
Phone: +1 (713) 372 1382 /+1 (346) 302 1946 Miguel Hidalgo. CP 11000, CDMX.
frsp@chevron.com
Work Program:
Chevron owns the rights from Perdido Fold Belt’s Area 3 exploration block. Only seismic information
is available and is currently being processed. Since reservoir’s formations are sub saline, processing
will take significant time, expecting to continue at least into next year. If results come out as
expected, a field development plan could include offshore work around year 2021.
There is no current drilling commitment and Chevron will probably wait until next year’s Mexican
presidential elections to decide path forward. Vendor management will be according to their internal
processes through their procurement area. All current operations are headed by their office in
Houston, Texas, and they plan to have no more than 5 people in Mexico in the short term.
Chevron presented the exploration plan on Agust 23 2017 and it was approved on March 02 2018.
According to the plan Chevron committed to execute 5 exploration studies and 8,000 km2 of 3D
seismic processing.
19
Chevron also have identified two potential exploration targets in Perdido, but CNH has not disclosed
their prospective resources. However, Chevron does not have a plan to drill at the moment.
Ubicación
The deadline to complete the minimum work program is March 17, 2022.
Perdido Fold Belt Area 4: CNOOC

Geological
Bravo Saline
Province
Region -
Field -
Water Depth 600 - 2,000 m
Main
Superlight Oil
Hydrocarbon
China Offshore Oil Corporation E&P México S.A.P.I. de C.V.
- China National Offshore Oil Corp – China

(Operator).
www.cnooc.com.cn/en/
Jianghe Yue Av. Paseo de las Palmas No. 405, Interior 504,
Project Manager Colonia Lomas de Chapultepec, Delegación Miguel
yuejh@cnooc.com.cn Hidalgo. CP 11000, CDMX.
Work Program:
CNOOC which is now looking for potential partners for this area, and as in Area 1, they presented in
September 2017 the exploration plan for Area 4, which was approved on April 24, 2018. There is only
one committed well to be drilled. 3D seismic data has been completed and acquired by CNOOC and
will send bidding document for rental of one drilling ship in the 1H of 2018 for one wild cat drilling
program. Target reservoirs are expected to be found between Paleogene and Neogene, also
containing sandstones with fine to medium grains. At this moment, only seismic data is being
processed.
Mexico's National Hydrocarbon Commission (CNH) on February 2019 approved the acquisition of a
30% stake in CNOOC's Block 4 in the potentially rich Perdido Fold Belt deepwater region by Malaysia's
PC Carigali.
CNOOC will drill Xakpun-1EXP in Q2 2019, which has over 320 million barrels of prospective resources
and an estimated geological success rate of 42%. If CNOOC is successful, the well would add 135
million barrels of light oil reserves to the area, the regulator said previously. With an investment of
172 million dollars.
20
Xakpun-1EXP has a water depth of 1,500 meters and a total depth of 5,500 meters. Its exploratory
target is 1,490 meters deep in theUbicación
Upper Wilcox formation. CNH said the play is a frontier and
technically complex block due to the presence of a large subsalt formation with a maximum thickness
of 2,000 meters.
Saline Basin Area 1: Equinor
Oil Province Saline Basin

Geological
Isthmus Saline
Province
Region -
Field -
Main
Light Oil
Hydrocarbon
Equinor E&P México, S.A. de C.V., BP Exploration México, S.A. de C.V. and Total E&P México,
S.A. de C.V.
- Equinor – Norway
- BP – UK. (Operator).
- Total – France.
www.equinor.com
www.bp.com
Monica Bøe
Country Manager Blvd. Manuel Ávila Camacho (Periférico) No. 24,
Phone: +52 55 45245380 Colonia Lomas de Chapultepec, Delegación Miguel
moboe@equinor.com Hidalgo. CP 11000, CDMX.
Work Program:
The winning bids for blocks 1 and 3 presented by Equinor and partners consisted of an additional
royalty of 10% (on potential future revenues) and an additional work program equivalent to 1
biddable well per block. Each block also has a minimum work program as defined by the authorities,
including a variety of geological activities but no required wells.
CNH approved in Agost 2017 that Equinor gave up operational control to BP. BP will begin drilling
for oil in a Mexican deepwater offshore block in two years, after its drilling plan was approved by
Mexico’s oil and gas regulator, the National Hydrocarbons Commission (CNH). BP operates the block
in partnership with Equinor and Total, after the consortium won the rights to develop it in 2016.
Equinor presented in September 2017 the exploration plan for Area 1, which was approved on March
20 2018.
21
The exploratory plan consists of carrying out 12 exploratory studies, seismic reprocessing of 4,762
km2, 1,123 km2 of electromagnetic studies and drilling of one well.
Operators BP will drill Serrano with Ubicación

325 million boe of prospective resources.
Saline Basin Area 3: Equinor

Geological
Isthmus Saline
Province
Region -
Field -
Main
Humid Gas
Hydrocarbon
Eqinor E&P México, S.A. de C.V., BP Exploration México, S.A. de C.V. and Total E&P México, S.A.
de C.V.
- Equinor – Norway (Operator).

- BP – UK.
- Total – France.
www.equinor.com
www.bp.com
Monica Bøe
Blvd. Manuel Ávila Camacho (Periférico) No. 24,
Country Manager
Colonia Lomas de Chapultepec, Delegación Miguel
Phone: +52 55 45245380
moboe@equinor.com
Work Program:
The winning bids for blocks 1 and 3 presented by Equinor and partners consisted of an additional
royalty of 10% (on potential future revenues) and an additional work program equivalent to 1
biddable well per block. Each block also has a minimum work program as defined by the authorities,
including a variety of geological activities but no required wells.
The block is located in the Salina Basin in the Gulf of Mexico and its development would involve an
investment of almost US$200 million, tapping some 75 million barrels of oil equivalent.
Equinor presented in September 2017 the exploration plan for Area 3, which was approved on March
15 2018.
22
The exploratory plan consists of carrying out 12 exploratory studies, seismic reprocessing of 6,574
km2 and drilling of one well. Operators Equinor will drill Hunab-1 in the third quarter of 2019 with
397 million boe of prospective resources.
Ubicación
Saline Basin Area 4: Petronas Carigali

Geological
Isthmus Saline
Province
Region -
Field -
Main
Light Oil
Hydrocarbon
PC Carigali México Operations S.A. de C.V., and Sierra Coronado E&P S. de R.L. de C.V.
- Petronas Carigali – Malaysia (Operator).
- Sierra Coronado – Mexican Subsidiary from
Sierra Oil & Gas.
www.petronas.com
Faisal Bakar Blvd. Manuel Ávila Camacho No. 40, Interior
General Manager 1601, Piso 16, Colonia Lomas de Chapultepec,
ahmadfaisal@petronas.com Delegación Miguel Hidalgo. CP 11000, CDMX.
Work Program:
As with all the blocks in this round, PETRONAS is currently running seismic analysis on available data.
They did not commit any additional work or drilling of wells. They have submitted the work program
to CNH.
PC Carigali presented in September 2017 the exploration plan for Area 4, which was approved on
May 14 2018. The exploratory plan consists of carrying out 07 exploratory studies, 3D WAZ acquisition
of 2,358.7 km2 and seismic processing of 250 km2. PETRONAS, however, is working in other blocks
with partners, so there is a possibility that activities could ramp up once shallow water blocks start
operations.
This block presents potential opportunities in Neogene, Paleogene and fractured Cretaceous
reservoirs with mostly sandstones, but also some limestone lithology. There can be anything from
heavy to light oils and wet gas.
The deadline to complete the minimum work program is May 25, 2022.
23
Ubicación
Saline Basin Area 5: Murphy Oil Corp.

Geological
Isthmus Saline
Province
Region -
Field -
Main
Light Oil (o API)
Hydrocarbon
Murphy Sur S. de R.L. de C.V., Ophir México Block 5 Salina S.A. de C.V., PC Carigali Mexico
Operations S.A. de C.V. and Sierra Offshore Exploration, S. de R.L. de C.V.
- Murphy – USA (Operator).

- Ophir – UK.
- Petronas Carigali – Malaysia.
- Sierra Offshore Exploration – Mexican
Subsidiary from Sierra Oil & Gas.
www.murphyoilcorp.com
www.ophir-energy.com
www.petronas.com
Gabriel Gomez
Av. Presidente Masaryk No. 111, Piso 1, Colonia
Country Manager
Phone: +1 (281) 787 4594
CP 11560, CDMX.
gabriel_gomez@murphyoilcorp.com
Work Program:
Murphy presented in September 2017 the exploration plan for Area 5, which was approved on May
14 2018. The exploratory plan consists of carrying out 11 exploratory studies, acquisition and seismic
processing of 5 km2 and drilling of one well. The plan included a proposed $90 million work
programme overall which would see the well drilled in about 750m of water some 120 km off Tabasco
state
They will be drilling to 2,000m to 3,000m depth, and will explore multiple plays in partial salt traps,
mostly sandstone, but also some limestone reservoirs on the southeast borders of the block.
Depending on seismic analysis results, they may expand their initial work to include one or two
additional exploration wells.
Their operational base will most probably be set up in the city of Villahermosa with access to sea in
the port of Dos Bocas. Neither have been set up as of yet. Contracting and supplier evaluation and
vetting will be handled initially through their Houston office, and follow their corporate guidelines,
however, local contractors, or contractors with local offices will always be preferred.
24
Reservoir conditions are similar to the ones in block 4, with Eugene and Fractured Cretaceous
Limestones. Heavy and light oils, as well as wet gas may be present.
Murphy will kick off drilling of its first prospect, Palenque, in the fourth quarter of 2019. The well is
set to be a first-of-its kind deep-water probe in the southern Salina del Istmo basin, which has been
a prolific producer in shallow waters but has seen little exploratory activity in deeper waters. It will
aim to target middle and lower Miocene objectives, with a total target depth of 4000 metres. If
successful could also opt to drill a delineation well, which would bring the investment closer to $158
million.
Murphy sees a mean pre-drill estimate for the prospect at 200 million barrels of oil equivalent with
500 million boe as an upside, with a net well cost to the company of about $15 million.
The deadline to complete the minimum work program is May 26, 2022.
25
The first bid of the second licensing round consisted in 15 shallow water blocks covering a
total area of 8,909 km2 at the oil provinces of Tampico Misantla, Veracruz and Southeast
Basins. Ten blocks were awarded by CNH in March 2017 out of the fifteen, these are located
at 20 to 80km away from the shores of Veracruz, Tabasco and Campeche with water depths
of 30 to 500m.
The contracts of this round are based on shared production mode with a duration of 30
years with two possible extensions of 5 years each. Exploration and appraisal period is
intended to last 4 years with two additional extensions of 2 years each. The national content
required for the exploration period is 13% or 15%, for the evaluation period is 13% or 17%,
then 26% for the first year of development and afterwards it should be increasing at a
constant rate every year expecting to have a 35% at 2025 or 12% up to 17% (percentage
difference will depend on assigned block).
Production reservoirs are estimated to be found from upper Jurassic up to upper Pliocene.
Light oil is expected at these blocks as well as some heavy oil.
Contract Timeline
Contract signature
25-Sept -2017
125 Sept 21
15 March 19
10 March 52
Plan (+180 days): 24-March-2018
days): 24- April-18
(+120 days): 22- Jul-2018

CNH Evaluation plan Approval

1st Work Program & Exploration
(+90 days)
Development Plan (+1.5 years)

coming year)
(+60 days)
(120 days)
CNH Development Plan Approval
Work Program 2019: 30 sept 2018
CNH Exploration Plan Approval
Evaluation plan after any discovery

CNH Work Program Approval (+30
30 Oct 2018 (same dates for every
26
The awarded blocks for license round 2.1 are the following:
Tampico Misantla Area 2: Pemex
Oil Province Tampico Misantla

Geological Tampico Misantla
Province Marino
Region -
Field -
Surface 549 km2
Water Depth
Main
Light Oil & Dry Gas
Hydrocarbon
Pemex Exploración y Producción y Deutsche Erdoel México, S. de R.L. de C.V.
- Pemex – México (Operator).

- DEA Deutsche Erdoel AG – Germany.
www.pemex.com
http://www.dea-group.com/en
Juan Manuel Delgado
President Mexico & Latin America DEAG
Lago Alberto No. 319, Piso 6. Colonia Granada,
Phone: +52 1 (55) 9197-5971 / +52 (55)
Delegación Miguel Hidalgo. CP 11529, CDMX.
4124-0633
juanmanuel.delgado@dea-group.com
Work Program:
DEA and Pemex signed the licensing contract with CNH in September 25, 2017. DEA presented in
March 2018 the Area 2 exploration plan. In October 2018, CNH approved the work plan and
budget for the exploratory activities for the next four years of block 2 of Round 2.1. The
plan committed investment amounts to 68.49 million dollars by 2022, with activities that
include the drilling of two exploratory wells, uplift and reprocessing of seismic and different
exploratory analyzes.
The block has prospective resources of 681 MMboe, the type of hydrocarbon are light
crude oil and dry gas.
27
Southeast Basins Area 6: Petronas Carigali

Geological
Isthmus Saline
Province
Region -
Field -
Surface 559 km2
Water Depth 30-80m
Main
Light Oil
Hydrocarbon
PC Carigali Mexico Operations, S.A. de C.V., y Ecopetrol Hidrocarburos México, S.A. de C.V.
- Petronas Carigali – Malaysia – (Operator).

- Ecopetrol ECP Hidrocarburos México –
Colombia.
www.petronas.com
www.ecopetrol.com.co
ahmadfaisal@petronas.com Delegación Miguel Hidalgo. CP 11000, CDMX
Work Program:
This contract was signed Sept 26, 2017. Ecopetrol presented in March 2018 the Area 6 exploration
plan, it was approved by CNH in November 2018. The contract includes commitment to drill one
well. Block 6 has 86% coverage of seismic data, which means there is still data to be acquired for
processing in the coming months.
Ecopetrol acquired in 2018 more than 60,000 km of 2D seismic for the interpretation of the
Salina basin in the Gulf of Mexico.
Ecopetrol S.A. and Petronas, signed a memorandum of understanding to consolidate a

strategic alliance between the two companies that are already partners in an exploratory
block in Mexico.
28
Southeast Basins Area 7: Eni

Geological
Isthmus Saline
Province
Region -
Field -
Surface 591 km2
Water Depth
Main
Light Oil
Hydrocarbon
ENI México, S. de R.L. de C.V., Capricorn Energy México, S. De R.L. de C.V., y Citla
Energy B7, S.A.P.I. de C.V.
- Capricorn Energy – UK, Subsidiary of
Cairn Energy.
- Citla Energy – México.
www.eni.com
www.cairnenergy.com
www.citlaenergy.com
Tito Andrea Bianco
Technical Director ENI México Av. Paseo de las Palmas 425, Interior 1001-1002.
Phone: +52 (55) 3000-1920 / +52 1 (55) Colonia Lomas de Chapultepec, Delegación Miguel
1798-4155 Hidalgo. CP 11000, CDMX.
tito.bianco@eni.com
Work Program:
This contract was signed Sept 25, 2017. Ecopetrol presented in March 2018 the Area 7 exploration
plan, it was approved by CNH in September 2018. The contract includes commitment to two well
drillings, acquisition of 3D NAZ RTM seismic, processing seismic information and pressure samples in
Pliocene and Miocene targets.
The operator will drill two exploratory wells (Yatzil-1 and Ixchel-1). Also, contemplates the existence
of an incremental scenario, which foresees the potential drilling of a third exploratory well (Ehecatl-
1) subject to the results obtained from the exploratory studies and seismic interpretation proposed
in the Exploration Plan. ENI will invest in area 7 a total of 110 million dollars, of which 70%
will be for the drilling of at least two exploratory wells.
ENI is also very active in other blocks, so their local operations are one of the most developed of the
new players in Mexico.
29
Southeast Basins Area 8: Pemex

Geological
Isthmus Saline
Province
Region -
Field -
Surface 586 km2
Water Depth 90-490m
Main
Light Oil
Hydrocarbon
Pemex Exploración y Producción y Ecopetrol Hidrocarburos México, S.A. de C.V.

- Ecopetrol – Colombia.
www.pemex.com
www.ecopetrol.com.co
Av. Marina Nacional No. 329, C3, Colonia
Verónica Anzures, Delegación Miguel Hidalgo. CP
11311, CDMX.
Work Program:
PEMEX in consortium with Ecopetrol signed at the end of September 2017 the contract for the
assigned Area 8 from license round 2.1. Currently reservoirs of light oil for this area are expected
between early Miocene to mid-Pliocene. Original coverage of 3D seismic data is 100% completed.
Pemex presented in March 2018 the Area 8 exploration plan, it was approved by CNH in October
2018. The contract includes commitment to perform exploratory studies, acquisition and processing
of 3D seismic and reprocessing. In case of positive results in the analysis of the seismic, the drilling
of an exploratory well called Pinacatl-1 and the reprocessing of 602km2 is considered, as well as
carrying out two special process studies "amplitude versus offset (AVO), a characterization study
before the eventual success in the drilling.
30
Southeast Basins Area 9: Cairn Energy

Geological
Isthmus Saline
Province
Region -
Field -
Surface 562 km2
Water Depth 100-500m
Main
Light Oil
Hydrocarbon
Capricorn Energy México, S. De R.L. De C.V., y Citla Energy B9, S.A.P.I. de C.V.
- Capricorn Energy – UK, Subsidiary of Cairn

Energy (Operator).
www.cairnenergy.com
www.citlaenergy.com
50 Lothian Road
T: +44 131 475 3000
Edinburgh
F: +44 131 475 3030
EH3 9BY
Work Program:
The block is about 50Km offshore with multiple attractive prospects in a variety of plays. This is a
production sharing contract. This contract was signed Sept 25, 2017. Cairn presented in March 2018
the Area 9 exploration plan, it was approved by CNH in November 2018. The details of the plan are
not public yet.
2018, the company opened an office in Mexico City and established a local team to work on programs
for the first two exploration wells on block 9. Cairn Energy expects to drill its first wells offshore
Mexico in the second half of 2019.
A rig tendering process has concluded. Cairn hired a Maersk Drilling semi-submersible drilling rig for
its drilling program offshore Mexico. Cairn will have four option wells to further extend the contract
for the 2009-built semi-submersible drilling unit, potentially keeping the rig busy till June 2020.
Estimated the dayrate of the drilling unit at around $150.000.
31

Geological
Isthmus Saline
Province
Region -
Field -
Surface 533 km2
Water Depth
Main
Light Oil (API)
Hydrocarbon
ENI México, S. de R.L. de C.V.
www.eni.com
Tito Andrea Bianco
Technical Director ENI Mexico Av. Paseo de las Palmas 425, Interior 1001-1002.
1798-4155 Hidalgo. CP 11000, CDMX.
tito.bianco@eni.com
Work Program:
This contract was signed Sept 25, 2017. ENI presented in March 2018 the Area 10 exploration plan,
it was approved by CNH in September 2018. The contract includes commitment to carrying out
exploratory studies, acquisition and processing of 3D seismic, drilling of two wells (Sáasken-1 and
Sáasil-1), and the possible drilling of a third well (Síina'an-1).
With a total investment of 124 million and a potential increase to 168 million, ENI will work in this
lock. For the drilling of Sáasken-1 the company estimates an investment of 51 million dollars.
Being one of the early movers in Mexico, their learning curve will be much shorter at this stage than
other players of this round, so we could potentially see the engaging in the offshore drilling campaign
as early as 2019. This block, combined with activity in the Amoca field of round 1.2 has ENI very
busy. They already have significant operations in the coastal area of Tabasco.
32
Southeast Basins Area 11: Repsol

Geological
Isthmus Saline
Province
Region -
Field -
Surface 533 km2
Main
Light Oil
Hydrocarbon
Repsol Exploración México, S.A. de C.V., y Sierra Perote E&P, S. de R.L. de C.V.
- Repsol – Spain (Operator).
- Sierra Perote E&P - Mexican Subsidiary
from Sierra Oil & Gas.
https://www.repsol.com.mx/es/index.cshtml
Sergio Limardo - General Manager Repsol Edificio Antara II, piso 6 - Avenida Ejército
Exploración México Nacional, N° 843-B, Colonia Granada,
Phone: +52 (55) 5201-4532 Delegación Miguel Hidalgo, CP. 11520, Ciudad
investorsrelations@repsol.com de México
Work Program:
Repsol in consortium with Sierra Perote signed the contract with CNH in late September 2017 of Area
11 from license round 2.1. Repsol presented in March 2018 the Area 11 exploration plan, it was
approved by CNH in September 2018.
The plan did not include well drilling or activities. Reservoirs of light oil for this area are expected
between upper Jurassic to Pliocene-Pleistocene. Original coverage of 3D seismic data is 100%
completed.
33
Southeast Basins Area 12: Lukoil

Geological
Isthmus Saline
Province
Region -
Field -
Surface 521 km2
Main
Heavy Oil
Hydrocarbon
Lukoil Upstream México, S. de R.L. de. C.V.
- Lukoil – Russia (Operator).

- Lukoil International Services, B.V.
www.lukoil.com
Pavel Suprunov
Calle Andrés Bello No. 10, Piso 6, Colonia Polanco
General Manager Mexico
IV, Sección. Delegación Miguel Hidalgo. CP
Phone: +525536010639
11560, CDMX.
pavel.suprunov@lukoil-international.com
Work Program:
Lukoil signed the contract with CNH in late September 2017 of Area 12 from license round 2.1. This
exploration block lies north of the coast of Tabasco. The target reservoir is sandstone and
lies approx. 3.5 km below seabed. Contractual commitment is such that 1 exploration well
needs to be drilled, and is currently scheduled for mid-2019. Lukoil is especially interested in
understanding the “Norwegian offering” in Mexico. So far, operational support is coming from
Houston based personnel, but eventually, operations will be set up in Mexico, either in
Tabasco or Campeche states.
Lukoil presented in March 2018 the Area 12 exploration plan, it was approved by CNH in
September 2018. Exploratory plan activities are based on geophysical studies, survey and seismic
interpretation, mainly, the program includes until 2020 with two wells visualized: Otomi East and
West, of around 3,000 meters of depth that they expect to obtain 163 million barrels of oil equivalent
oil. The exploration plan considers an investment of 165 million in the exploration and evaluation of
its block.
They consider drill its Otomi-Oeste well between September and November 2019, with an investment
of 72 million dollars. 124.9 million barrels of crude oil equivalent to the average probability
34

Geological
Isthmus Saline
Province
Region -
Field -
Surface 466 km2
Water Depth
Main
Heavy Oil
Hydrocarbon
ENI México, S. de R.L. de C.V., y Citla Energy B14, S.A.P.I. de C.V.

www.eni.com
www.citlaenergy.com
Tito Andrea Bianco
Technical Director ENI México Av. Paseo de las Palmas 425, Interior 1001-1002.
1798-4155 Hidalgo. CP 11000, CDMX.
tito.bianco@eni.com
Work Program:
This contract was signed Sept 25, 2017. ENI presented in March 2018 the Area 14 exploration plan,
it was approved by CNH in September 2018. The plan committed the investment of 17 million dollars
in a baseline scenario, without drilling wells, although in an incremental scenario contemplate the
drilling of the Balaknak well at 5,500 meters with an approximate resource of 113 million barrels to
be incorporated and an investment of 88 million Dollars.
The exploratory plan consider the acquisition of 3D seismic NAz RTM, Purchase of 3D seismic NAz
KPSDM, Seismic interpretation in time and depth, Evaluation of plays and prospects, Updated static
model of the field Xulum, Gravimetry and Magnetometry
35
Southeast Basins Area 15: Total

Geological
Macuspana
Province
Region -
Field -
Surface 972 km2
Water Depth 30 m
Main
Humid Gas
Hydrocarbon
Total E&P México, S.A. de C.V., y Shell Exploración y Extracción de México S.A. De C.V.
- Total - France (Operator).
- Shell – Netherlands.
www.shell.com
Michel Herve Leo
Phone: +52 (55) 5282 4429
Work Program:
This block is mainly a gas play in sandstone reservoirs. It´s closeness to the shoreline off the coast
of Campeche makes Cd, and includes estimated prospective resources of up to 496 million barrels of
oil over an area of 375 square miles (972 sq. km). Del Carmen the logical operational base for Total.
However, no wells have been committed in the exploration field.
This contract was signed Sept 25, 2017. Total presented in March 2018 the Area 15 exploration plan,
it was approved by CNH in September 2018. The plan consider the acquisition of 3D seismic
information, acquisition of geophysical well logs, 3D seismic reprocessing of 7400km2 and 15
exploratory studies
36
License Round 2.4 – Offshore
The fourth bid of the second licensing
round consisted in 29 contract areas
covering a total area of 66,424.9 km2
at the oil provinces of Perdido Fold
Belt, cordilleras mexicanas, salina
basin, salina del bravo. Nineteen
blocks were awarded by CNH in July
2017 out of the twenty-ninth, these
are located at 40 to 60 miles from the
cost of Tamaulipas, Veracruz and
Tabasco. Nine of these areas are
located in the perdido fold belt, ten in
the cordilleras Mexicana’s and ten
more are located in the Salina Basins
Oil Provice.
The contracts of this round are based on License Contract mode with a duration of 35 years
with two possible extensions of 10 and 5 years each. Exploration and appraisal period is
intended to last 4 years with two additional extensions of 1 year each. The national content
required for the exploration period is 3% that will increase to 6% and 8% for the first and
second additional exploration period. For the evaluation period, the percentage will be the
same at the exploration in the moment of development. The national content 3% during
the Initial Exploration Period, 6% during the First Additional Exploration Period and 8%
during the Second Additional Exploration Period. 4% from the approval of the Development
Plan, and 10% from the start of Regular Commercial Production.
Dry and wet gas, also light and heavy oil are expected at these blocks.
Contract Timeline
Contract signature
07 May 2018
15 March 19
10 March 53
2023
days):
year)
(+60 days)

Work Program 2019:

(+90 days)
(120 days)
Plan (+180 days):

(+120 days):
(same dates for every coming


37
CNH-R02-L04-AP-PG02/2018 Deep Water- Salina del Bravo
Oil Province Salina Del Bravo

Geological
Salina Del Bravo
Province
Region Early Eoceno
Field Fine Grain Sand
Surface 2146.2 Km2
Water Depth
Main
Light Oil
Hydrocarbon
SHELL EXPLORACIÓN Y EXTRACCIÓN DE MÉXICO, PEMEX EXPLORACIÓN Y PRODUCCIÓN
Shell Exploración y Extracción De México

Pemex Exploración y Producción
www.pemex.com
www.shell.com
Alberto de la Fuente Piñeirua

Lomas de Chapultepec III Sección, Av. Paseo de
President and General Director Shell Mexico
las Palmas 340, Lomas de Chapultepec V Secc,
Phone: +52 1 (55) 5089-5700
11000 CDMX
shellmex@shell.com
Work Program:
Shell and Pemex signed the contract with CNH in May 2018 of Area 02 from license round 2.4. The
block is located off the coast of Tamaulipas. Initial phase will see seismic processing and preparation
of exploration plan to be delivered by end of 2019 to CNH for approval. The contract includes
commitment to drill one well, which probably will not happen before 2021. Block 2 has 100%
coverage of seismic data, which means there is reprocessing in the coming months. Light oil is
expected.
Contracting mechanisms, strategy and other relevant items will start to be available by the end of
2019.
38
CNH-R02-L04-AP-PG03/2018 Deep Water Salina del Bravo

Geological
SALINA DEL BRAVO
Province
MIOCENO TEMPRANO
Region
Y EOCENO TARDÍO
Surface 1900.2 km2
Water Depth 30-80m
Main
Light Oil
Hydrocarbon
Shell Exploracion y Extraccion de Mexico, S.A. de C.V., y QPI México, S.A. de

C.V
- SHELL EXPLORACIÓN Y EXTRACCIÓN DE MÉXICO,

- QATAR PETROLEUM INTERNATIONAL
www.shell.com
https://qp.com.qa/en/Pages/Home.aspx

Phone: +52 1 (55) 5089-5700
11000 CDMX
shellmex@shell.com
Work Program:
Shell and Qatar Petroleum International signed the contract with CNH in May 2018 of Area 03 from
license round 2.4. The block is located off the coast of Tamaulipas. Initial phase will see seismic
processing and preparation of exploration plan to be delivered by end of 2019 to CNH for approval.
The contract does not include drilling of wells. Block 3 has 98% coverage of seismic data, which
means there is still data to be acquired for processing in the coming months. Light oil is expected.
2019.
39
CNH-R02-L04-AP-PG04/2018 Deep Water Salina del Bravo

Geological
SALINA DEL BRAVO
Province
MIOCENO TEMPRANO
Region
Y EOCENO TARDÍO
Surface 1900.17 km2
Water Depth 30-80m
Main
Light Oil
Hydrocarbon

C.V

www.shell.com

Phone: +52 1 (55) 5089-5700
11000 CDMX
shellmex@shell.com
Work Program:
The contract includes commitment to drill one well, which probably will not happen before 2021.
Block 4 has 100% coverage of seismic data, which means there is reprocessing in the coming months.
Light oil is expected.
2019.
40
CNH-R02-L04-AP-PG05/2018 Deep Water Perdido Fold Belt Area 05
Oil Province Perdido Fold Belt

Geological
Perdido Fold Belt
Province
Late Oligocene, Early
Region Oligocene and Early
Eocene
Surface 2732.7 km2
Water Depth
Main
Light Oil
Hydrocarbon
PEMEX
- PEMEX
www.pemex.com
Octavio Romero Oropeza Avenida Marina Nacional 329, Colonia Petróleos

General Director Petróleos Mexicanos (PEMEX) Mexicanos, Delegación Miguel Hidalgo, CP
Phone: +52 1 (55) 1944-2500 11311,. México, Distrito Federal.
Work Program:
Pemex signed the contract with CNH in May 2018 of Area 05 from license round 2.4. The block is
located off the coast of Tamaulipas. Initial phase will see seismic processing and preparation of
exploration plan to be delivered by end of 2019 to CNH for approval. The contract includes
commitment to drill one well, which probably will not happen before 2021. Block 5 has 31% coverage
of seismic data, which means there is still data to be acquired for processing in the coming months.
Light oil is expected.
Petróleos Mexicanos (Pemex) will seek for the two fields obtained individually a partner for exploration
or development. Contracting mechanisms, strategy and other relevant items will start to be available
by the end of 2019.
41
CNH-R02-L04-AP-PG06/2018 Deep Water Salina del Bravo Area 06
Oil Province Salina del bravo

Geological
Salina del bravo
Province
Late Miocene, Middle
Miocene, c, Late
Region
Oligocene, and Late
Jurassic
Fine grain sand,
medium grain sand,
Field
oolite packstone /
grainstone
Surface 1890.6 km2
Water Depth 30-80m
Main
Light Oil
Hydrocarbon

C.V

www.shell.com

Phone: +52 1 (55) 5089-5700
11000 CDMX
shellmex@shell.com
Work Program:
The contract includes commitment to drill two wells, which probably will not happen before 2021.
Block 3 has 99% coverage of seismic data, which means there is still data to be acquired for
processing in the coming months. Light oil and dry gas are expected.
2019.
42
CNH-R02-L04-AP-PG07/2018 Deep Water Salina del Bravo Area 07
Oil Province SALINA DEL BRAVO

Geological
SALINA DEL BRAVO
Province
Region Earlier Miocene
Field Medium grain sand
Surface 1967.9 km2
Water Depth
Main
Light Oil
Hydrocarbon

C.V

www.shell.com

Phone: +52 1 (55) 5089-5700
11000 CDMX
shellmex@shell.com
Work Program:
Block 3 has 100% coverage of seismic data. Light oil and dry gas are expected.
2019.
43
CNH-R02-L04-AP-CM-G01/2018 Deep Water Cordilleras Mexicanas Area 01
Oil Province Cordilleras mexicanas

Geological
Cordilleras mexicanas
Province
Mioceno medio, mioceno
Region
early and mesozoico
Sand grain medium and
Field
gaps
Surface 1999.3 km2
Water Depth
Main
Light Oil
Hydrocarbon
REPSOL EXPLORACIÓN MÉXICO, PC CARIGALI MEXICO OPERATIONS, OPHIR MEXICO
- REPSOL EXPLORACIÓN MÉXICO,

- PC CARIGALI MEXICO OPERATIONS,
- OPHIR MEXICO
www.petronas.com
www.repsol.energy/en/
Exploración México
Nacional, N° 843-B, Colonia Granada, Delegación
Phone: +52 (55) 5201-4532
Miguel Hidalgo, CP. 11520, Ciudad de México
investorsrelations@repsol.com
Work Program:
Repsol, PC Carigali and Ophir signed the contract with CNH in May 2018 of Area 01 from license
round 2.4. The block is located off the coast of Tampico, Tamaulipas. Initial phase will see seismic
Block 01 of CM has 100% coverage of seismic data. Light oil and dry gas are expected.
2019.
44
Oil Province Cordilleras Mexicanas

Geological
Cordilleras Mexicanas
Province
Middle Miocene, Early
Myocene, Late Oligocene,
Region
Early Oligocene, And
Mesozoic
Sand Grain Medium And
Field
Gaps
Surface 3,099.4 km2
Water Depth
Main
Light Oil
Hydrocarbon
PC CARIGALI MEXICO OPERATIONS, OPHIR MEXICO, PTTEP MÉXICO E&P

- OPHIR MEXICO,
- PTTEP MÉXICO E&P
www.petronas.com
https://www.pttep.com/

Work Program:
PC Carigali, Ophir and PTTEP signed the contract with CNH in May 2018 of Area 03 from license
round 2.4. The block is located off the coast of Tuxpan, Veracruz. Initial phase will see seismic
Block 03 of CM has 98% coverage of seismic data, which means there is still data to be acquired for
processing in the coming months. Light oil and dry gas are expected.
2019.
45

Geological
Province
Region Miocene, and Late
Oligocene
Field Medium Grain Sand
Surface 2,241.8 km2
Water Depth
Main
Dry Gas
Hydrocarbon
REPSOL EXPLORACIÓN MÉXICO, PC CARIGALI MEXICO OPERATIONS

www.petronas.com
Phone: +52 (55) 5201-4532
Work Program:
Repsol and PC Carigali signed the contract with CNH in May 2018 of Area 05 from license round 2.4.
The block is located off the coast of Tuxpan, Veracruz. Initial phase will see seismic processing and
preparation of exploration plan to be delivered by end of 2019 to CNH for approval. The contract do
not include well drillings. Block 05 of CM has 100% coverage of seismic data. Dry gas are expected.
2019.
46

Geological
Province
Late Miocene, Middle
Miocene, Early Miocene,
Region
Oligocene, Late Eocene,
Early Eocene
Surface 2,917.1 Km2
Water Depth
Main
Wet and dry Gas
Hydrocarbon
PEMEX
- PEMEX
www.pemex.com

General Director Petróleos Mexicanos (PEMEX) Mexicanos, Delegación Miguel Hidalgo, CP
Work Program:
Pemex signed the contract with CNH in May 2018 of Area 09 from license round 2.4. The block is
located off the coast of Veracruz. Initial phase will see seismic processing and preparation of
commitment to drill one well, which probably will not happen before 2021. Block 09 of CM has 48%
coverage of seismic data, which means there is still data to be acquired for processing in the coming
months. Wet and dry gas are expected.
Petróleos Mexicanos (Pemex) will seek for the two fields obtained individually a partner for exploration
or development. Contracting mechanisms, strategy and other relevant items will start to be available
by the end of 2019.
47
CNH-R02-L04-AP-CS-G01/2018vDeep Water Cuenca Salina Area 01
Oil Province Cuenca Salina

Geological
Cuenca Salina
Province
Region
Miocene and Cretaceous
Fine Grain Sand, Medium
Field
Grain Sand, and Gaps
Surface 2,079.5 km2
Water Depth
Main
Light oil
Hydrocarbon
Shell Exploracion y Extraccion de Mexico, S.A. de C.V.
www.shell.com

Phone: +52 1 (55) 5089-5700
11000 CDMX
shellmex@shell.com
Work Program:
Shell signed the contract with CNH in May 2018 of Area 01 of CS from license round 2.4. The block
is located off the coast of Veracruz. Initial phase will see seismic processing and preparation of
commitment to drill two wells, which probably will not happen before 2021. Block 1 of CS has 100%
coverage of seismic data. Light oil and dry gas are expected.
2019.
48
CNH-R02-L04-AP-CS-G02/2018 Deep Water Cuenca Salina Area 02

Geological
Cuenca Salina
Province
Region Miocene, Late Eocene,
and Late Cretaceous
Fine Grain Sand, Medium
Grain Sand, Gaps,
Field
Carbonated Turbidites,
and Fractured Limestone
Surface 2,029.7 Km2
Water Depth
Main
Light Oil
Hydrocarbon
www.shell.com

Phone: +52 1 (55) 5089-5700
11000 CDMX
shellmex@shell.com
Work Program:
commitment to drill two wells, which probably will not happen before 2021. Block 2 of CS has 100%
2019.
49
CORDILLERAS
Oil Province
MEXICANAS
Geological
CUENCA SALINA
Province
Middle Miocene y
Region
Cretácico
Medium Grain Sand
Field And Fractured
Limestone
Surface 2,879 km2
Water Depth
Main
Heavy Oil
Hydrocarbon
CHEVRON ENERGÍA DE MÉXICO, S. DE R.L. DE C.V., INPEX CORPORATION, PEMEX

- CHEVRON
- INPEX
- PEMEX
https://www.chevroncontechron.com/
www.pemex.com
Avenida Paseo De Las Palmas, #405, Colonia

Evelyn Vílchez, General Diretor of Chevron
Lomas De Chapultepec III Sección, Miguel
Energy of México.
Hidalgo, Miguel Hidalgo, Ciudad De México
Work Program:
Chevron, Inpex and Pemex signed the contract with CNH in May 2018 of Area 03 of CS from license
round 2.4. The block is located off the coast of Veracruz. Initial phase will see seismic processing and
preparation of exploration plan to be delivered by end of 2019 to CNH for approval. The contract
includes commitment to drill one well, which probably will not happen before 2021. Block 03 of CS
has 36% coverage of seismic data, which means there is still data to be acquired for processing in
the coming months. Wet and dry gas are expected.
2019.
50

Geological
Cuenca Salina
Province
Late Cretaceous and
Region
Early Miocene
Medium Grain Sand,
Field Gaps and Fractured
Limestone
Surface 1,852.9 km2
Water Depth
Main
Heavy Oil
Hydrocarbon
www.shell.com

Phone: +52 1 (55) 5089-5700
11000 CDMX
shellmex@shell.com
Work Program:
is located off the coast of Tabasco. Initial phase will see seismic processing and preparation of
commitment to drill one well, which probably will not happen before 2021. Block 4 of CS has 100%
2019.
51

Geological
Cuenca Salina
Province
Late Miocene and
Region
Oligocene
Fine Grain Sand And
Field
Medium Grain Sand
Surface 1,921.9 Km2
Water Depth
Main
Light oil
Hydrocarbon
ENI México, S. de R.L. de C.V., Qatar Petroleum International

www.eni.com

Tito Andrea Bianco
Technical Director ENI Mexico Av. Paseo de las Palmas 425, Interior 1001-1002.
1798-4155 Hidalgo. CP 11000, CDMX.
tito.bianco@eni.com
Work Program:
ENI and Qatar Petroleum International signed the contract with CNH in May 2018 of Area 05 of CS
from license round 2.4. The block is located off the coast of Veracruz. Initial phase will see seismic
Block 5 of CS has 100% coverage of seismic data. Light oil is expected.
2019.
52
Oil Province Cordilleras mexicanas

Geological
Cuenca salina
Province
Region Late Jurassic
Packstone /
Field
grainstone of ooliths
Surface 2,107.0 km2
Water Depth
Main
Heavy and light Oil
Hydrocarbon
PC CARIGALI MEXICO OPERATIONS
www.petronas.com

Work Program:
PC Carigali signed the contract with CNH in May 2018 of Area 06 from license round 2.4. The block
is located off the coast of Tuxpan, Veracruz. Initial phase will see seismic processing and preparation
coverage of seismic data. Heavy and light oil are expected.
2019.
53

Geological
Cuenca Salina
Province
Middle Miocene, Late
Region
Jurassic and Mesozoic
Medium Grain Sand,
Field Gaps And Packstone /
Grainstone Of Oolites
Surface 2,030.4km2
Water Depth
Main
Light Oil
Hydrocarbon
PC CARIGALI MEXICO OPERATIONS
www.petronas.com

Work Program:
PC Carigali signed the contract with CNH in May 2018 of Area 07 from license round 2.4. The block
is located off the coast of Tuxpan, Veracruz. Initial phase will see seismic processing and preparation
coverage of seismic data. Light oil are expected.
2019.
54
CNH-R02-L04-AP-CS-G09/2018Deep Water Cuenca Salina Area 09

Geological
Cuenca Salina
Province
Late Miocene, Early
Region Miocene, Eocene, and
Late Jurassic
Sand Grain Medium
Field And Packstone /
Grainstone Of Oolites
Surface 3,066.8 Km2
Water Depth
Main
Light Oil
Hydrocarbon
www.shell.com

Phone: +52 1 (55) 5089-5700
11000 CDMX
shellmex@shell.com
Work Program:
commitment to drill two well, which probably will not happen before 2021. Block 9 of CS has 100%
coverage of seismic data. Light and heavy oil are expected.
2019.
55
CNH-R02-L04-AP-CS-G10/2018AP-CS-G10 Deep Water Cuenca Salina Area 10
Oil Province Cuenca salina

Geological
Cuenca salina
Province
Early Miocene, Eocene
Region
and Late Cretaceous
Medium grain sand
Field and fractured
limestone
Surface 3,253.6 km2
Water Depth
Main
Light oil
Hydrocarbon
REPSOL EXPLORACIÓN MÉXICO, PC CARIGALI MEXICO OPERATIONS, SIERRA NEVADA, PTTEP

MÉXICO E&P
- SIERRA NEVADA E&p
- PTTEP MÉXICO E&P
www.petronas.com
https://www.pttep.com/

Phone: +52 (55) 5201-4532
Work Program:
Repsol, PC Carigali, Sierra Nevada y Pttep signed the contract with CNH in May 2018 of Area 10 of
CS from license round 2.4. The block is located off the coast of Veracruz. Initial phase will see seismic
The contract includes commitment to drill two well, which probably will not happen before 2021.
Block 9 of CS has 100% coverage of seismic data. Light oil and wet gas are expected.
2019.
56
License Round 3.1– Shallow Water
The first bid of the third licensing
round consisted in 35 contract areas
covering a total area of 26,042.9 km2
shallow water blocks at the oil
provinces of Burgos Basins, Tampico-
Misantla-Veracruz and Southeast
Basins Oil Provice. Sixteen blocks were
awarded by CNH in March 2018 out of
the twenty-ninth, these are located in
front of the coast of Tamaulipas,
Nuevo León, Tabasco and Campeche.
Thirteen of these areas are located in
the Burgos Basin, fourteen in the
Tampico-Misantla-Veracruz province
and eight are located in the Southeast
Basins Oil Provice.
The contracts of this round are based on shared production mode with a duration of 30
years with two possible extensions of 5 years each. Exploration period is intended to last 4
years with two additional extension of 2 years each. The appraisal period is two years from
the approval of the Appraisal Plan. The national content required for the exploration period
is 13% or 15%, for the evaluation period is 13% or 17%, then 26% for the first year of
development and afterwards it should be increasing at a constant rate every year expecting
to have a 35% at 2025 or 12% up to 17% (percentage difference will depend on assigned
block).
Light oil is expected at these blocks as well as some heavy oil.
Contract Timeline
Contract signature
27 June 2018
15 March 19
27 June 48
2023
days):
Work Program 2019:

year)

(+90 days)
(+60 days)
(120 days)
Plan (+180 days):

(+120 days):
(same dates for every coming


57
CNH-R03-L01-G-BG-05/2018 Shallow Water Burgos Basin, Area 05
Oil Province Burgo Basins

Geological
Burgo Basins
Province
Region Miocene, Late Jurassic
Medium Grain Sand,
Field
Grainstone Oolite
Surface 813.8 km2
Water Depth
Main
Light Oil
Hydrocarbon
REPSOL EXPLORACIÓN MÉXICO

Sergio Limardo - General Manager Repsol Edificio Antara II, piso 6 - Avenida Ejército Nacional,
N° 843-B, Colonia Granada, Delegación Miguel
Phone: +52 (55) 5201-4532
Hidalgo, CP. 11520, Ciudad de México
Work Program:
Repsol signed the contract with CNH in June 2018 of Area 05 from round 3.1. The block is located
off the coast of Tamaulipas. Initial phase will see seismic processing and preparation of exploration
plan to be delivered by end of 2019 to CNH for approval. The contract do not include well drillings.
Block 05 of BG has 55% coverage of seismic data, which means there is still data to be acquired for
processing in the coming months. Wet gas and light oil are expected.
2019.
58
CNH-R03-L01-AS-B-57/2018 Shallow Water Burgos Basin, Area 57

Geological
Burgo Basins
Province
Medium Grain Sand,
Field
Grainstone Oolite
Surface 391.4 km2
Water Depth
Main
Light Oil
Hydrocarbon
PREMIER OIL
- Premier Oil - UK
www.premier-oil.com

John Tominey - Country Manager, Mexico Calle Montes Urales, 424, Oficina 03-110 y 03-117.
Phone: 44-20-7730-1111 Lomas de Chapultepec. V Sección, Miguel Hidalgo,
premier@premier-oil.com Ciudad de México, Distrito Federal, México
Work Program:
Premier Oil signed the contract with CNH in June 2018 of Area 57 from round 3.1. The block is located
Block 57 of B has 65% coverage of seismic data, which means there is still data to be acquired for
2019.
59
CNH-R03-L01-G-BG-07/2018 Shallow Water Burgos Basin, Area 07
Oil Province Burgos Basins

Geological
Burgos Basins
Province
Region Miocene
Sand Grain Medium,
Field
Sand Grain Grain
Surface 811.3 km2
Water Depth
Main
Light Oil
Hydrocarbon
REPSOL EXPLORACIÓN MÉXICO

Sergio Limardo - General Manager Repsol Edificio Antara II, piso 6 - Avenida Ejército Nacional,
N° 843-B, Colonia Granada, Delegación Miguel
Phone: +52 (55) 5201-4532
Hidalgo, CP. 11520, Ciudad de México
Work Program:
Repsol signed the contract with CNH in June 2018 of Area 07 from round 3.1. The block is located
Wet gas and light oil are expected.
2019.
60
CNH-R03-L01-AS-B-60/2018 Shallow Water Burgos Basin, Area 60

Geological
Burgo Basins
Province
Medium Grain Sand,
Field
Grainstone Oolite
Surface 391.9 km2
Water Depth
Main
Light Oil
Hydrocarbon
PREMIER OIL
- Premier Oil - UK
www.premier-oil.com

John Tominey - Country Manager, Mexico Calle Montes Urales, 424, Oficina 03-110 y 03-117.
Phone: 44-20-7730-1111 Lomas de Chapultepec. V Sección, Miguel Hidalgo,
premier@premier-oil.com Ciudad de México, Distrito Federal, México
Work Program:
Premier Oil signed the contract with CNH in June 2018 of Area 60 from round 3.1. The block is located
Block 60 of B has 73% coverage of seismic data, which means there is still data to be acquired for
2019.
61
CNH-R03-L01-G-TMV-01/2018 Shallow Water Tampico-Misantla, Area 01
Oil Province Tampico-Misantla

Geological
Tampico-Misantla
Province
Late jurassic, middle
Region
cretaceous, myocene
Medium Grain Sand,
Field Boundstone,
Grainstone Oolite
Surface 961.7 km2
Water Depth
Main
Dry gas and light Oil
Hydrocarbon
Capricorn Energy México, S. De R.L. De C.V., y Citla Energy B9, S.A.P.I. de C.V.
- Capricorn Energy – UK, Subsidiary of Cairn

Energy (Operator).
www.cairnenergy.com
www.citlaenergy.com
Cairn Mexico
Luis Ramirez - General Manager, Mexico
Av Sta Fe 170, Santa Fe, Zedec Sta Fé, 01210 Ciudad
Citla Energy
de México, CDMX
Alberto Galvis, CEO
T: +44 131 475 3000
F: +44 131 475 3030
Work Program:
Cairn and Citla Energy signed the contract with CNH in June 2018 of Area 01 of TMV from round 3.1.
The block is located off the coast of Veracruz. Initial phase will see seismic processing and preparation
of exploration plan to be delivered by end of 2019 to CNH for approval. The contract do not include
well drillings. Block 01 of TMV has 44% coverage of seismic data, which means there is still data to
be acquired for processing in the coming months. Dry gas and light oil are expected.
2019.
62

Geological
Tampico-Misantla
Province
Middle Cretaceous,
Region
Miocene, Mesozoic
Sand Grain Medium,
Field
Gaps, Boundstoneo
Surface 784.8 km2
Water Depth
Main
Hydrocarbon
Pemex Exploración y Producción, Deutsche Erdoel México and CEPSA

- CEPSA
www.pemex.com
https://www.cepsa.com/es
Juan Manuel Delgado
Phone: +52 1 (55) 9197-5971 / +52 (55) 4124-
0633
Work Program:
Pemex, DEA and Cepsa signed the contract with CNH in June 2018 of Area 02 of TMV from round
3.1. The block is located off the coast of Veracruz. Initial phase will see seismic processing and
not include well drillings. Block 02 of TMV has 89% coverage of seismic data, which means there is
still data to be acquired for processing in the coming months. Dry gas and light oil are expected.
2019.
63

Geological
Tampico-Misantla
Province
Middle Cretaceous, late
Region
Jurassic
Boundstone,
Field
Grainstone Oolite
Surface 842.4 km2
Water Depth
Main
Hydrocarbon
Pemex Exploración y Producción, Deutsche Erdoel México and CEPSA

- CEPSA
www.pemex.com
Juan Manuel Delgado
Phone: +52 1 (55) 9197-5971 / +52 (55) 4124-
0633
Work Program:
Pemex, DEA and Cepsa signed the contract with CNH in June 2018 of Area 03 of TMV from round
3.1. The block is located off the coast of Veracruz. Initial phase will see seismic processing and
not include well drillings. Block 03 of TMV has 100% coverage of seismic data.
2019.
64

Geological
Tampico-Misantla
Province
Middle Cretaceous, late
Region
Jurassic
Grainstone Oolite,
Field
Gaps
Surface 813.3 km2
Water Depth
Main
Hydrocarbon
Pemex Exploración y Producción and CEPSA

- CEPSA
www.pemex.com

General Director Petróleos Mexicanos-PEMEX Mexicanos, Delegación Miguel Hidalgo, CP
Work Program:
Pemex and Cepsa signed the contract with CNH in June 2018 of Area 04 of TMV from round 3.1. The
block is located off the coast of Veracruz. Initial phase will see seismic processing and preparation of
exploration plan to be delivered by end of 2019 to CNH for approval. The contract do not include well
drillings. Block 04 of TMV has 40% coverage of seismic data, which means there is still data to be
acquired for processing in the coming months. Light oil are expected.
2019.
65
CNH-R03-L01-G-CS-01/2018 Shallow Water Salina Baisin, Area 01
Oil Province Salina Basins

Geological
Salina Basins
Province
Miocene, Pliocene-
Region
Pleistocene
Surface 807.8 km2
Water Depth
Main
Light Oil
Hydrocarbon
ENI México, S. de R.L. de C.V., Lukoil

- Lukoil – Russia
www.eni.com
www.lukoil.com
Tito Andrea Bianco
Technical Director ENI Mexico
Phone: +52 (55) 3000-1920 / +52 1 (55) 1798- Av. Paseo de las Palmas 425, Interior 1001-1002.
4155 Colonia Lomas de Chapultepec, Delegación Miguel
tito.bianco@eni.com Hidalgo. CP 11000, CDMX.
Pavel Suprunov Calle Andrés Bello No. 10, Piso 6, Colonia Polanco IV,
General Manager Mexico Sección. Delegación Miguel Hidalgo. CP 11560, CDMX.
Phone: +525536010639
pavel.suprunov@lukoil-international.com
Work Program:
Eni and Lukoil signed the contract with CNH in June 2018 of Area 01 of CS from round 3.1. The block
is located off the coast of Coatzacoalcos, Veracruz. Initial phase will see seismic processing and
includes commitment to drill two wells, which probably will not happen before 2021. Block 01 of CS
the coming months. Light oil are expected.
2019.
66
CNH-R03-L01-AS-CS-13/2018 Shallow Water Salina Baisin, Area 13

Geological
Salina Basins
Province
Miocene, Pliocene-
Region
Pleistocene
Surface 813.3 km2
Water Depth
Main
Light Oil
Hydrocarbon
Pemex Exploración
www.pemex.com

Work Program:
Pemex signed the contract with CNH in June 2018 of Area 13 of CS from round 3.1. The block is
located off the coast of Coatzacoalcos, Veracruz. Initial phase will see seismic processing and
has 9% coverage of seismic data, which means there is still data to be acquired for processing in the
coming months. Light oil are expected.
2019.
67

Geological
Salina Basins
Province
Region Pliocene
Surface 527.9 km2
Water Depth
Main
Light Oil
Hydrocarbon
PREMIER OIL, DEA and SAPURA

- Premier Oil – UK
www.premier-oil.com

Juan Manuel Delgado Lago Alberto No. 319, Piso 6. Colonia Granada,
President Mexico & Latin America DEAG Delegación Miguel Hidalgo. CP 11529, CDMX.
Phone: +52 1 (55) 9197-5971 / +52 (55) 4124-
0633
Work Program:
DEA, Premier Oil and Sapura signed the contract with CNH in June 2018 of Area 14 of CS from round
3.1. The block is located off the coast of Tabasco. Initial phase will see seismic processing and
the coming months. Light oil are expected.
2019.
68

Geological
Salina Basins
Province
Cretaceous, Late
Region Miocene, Middle
Pliocene
Sand Grain Medium-
Field Thick, Fractured
Limestone
Surface 580.9 km2
Water Depth
Main
Light Oil
Hydrocarbon
Hokchi Energy
- PAN AMERICAN / Hokchi Energy
http://hokchienergy.com/
Calzada Legaria No. 549, Torre A, Piso 4, No. 402.
Fernando Villareal
Colonia 10 de Abril, Delegación Miguel Hidalgo. CP
Director general Hokchi Energy
11250, CDMX.
fvillarreal@pan-energy.com
Work Program:
Hokchi Energy signed the contract with CNH in June 2018 of Area 15 of CS from round 3.1. The block
is located off the coast of Tabasco. Initial phase will see seismic processing and preparation of
coverage of seismic data, which means there is still data to be acquired for processing in the coming
months. Light oil, heavy oil and wet gas are expected.
2019.
69

Geological
Province
Salina Basins
Cretaceous,
Region
Pliocene-Pleistocene
Coarse Grain Sand,
Field
Fractured Limestone
Surface 1,027 km2
Water Depth
Main
Hydrocarbon
Heavy Oil
Pemex Exploración y Producción and Total

- Total
www.pemex.com
www.total.com.mx
Octavio Romero Oropeza

General Director Petróleos Mexicanos-PEMEX Avenida Marina Nacional 329, Colonia Petróleos
Phone: +52 1 (55) 1944-2500 Mexicanos, Delegación Miguel Hidalgo, CP
11311,. México, Distrito Federal.
Michel Herve Leo Campos Eliseos No. 345, Edificio Omega Piso 8,
Legal Representative Total E&P México Colonia Polanco Chapultepec, Delegación Miguel
Phone: +52 (55) 5282 4429 Hidalgo. CP 11560, CDMX.
Work Program:
Pemex and Total signed the contract with CNH in June 2018 of Area 02 of CS from round 3.1. The
block is located off the coast of Tabasco. Initial phase will see seismic processing and preparation of
exploration plan to be delivered by end of 2019 to CNH for approval. The contract do not include well
drillings. Block 02 of CS has 100% coverage of seismic data. Heavy oil and dry gas are expected.
2019.
70

Geological
Province
Salina Basins
Region Pre-Oxfordiano
Surface 580.9 km2
Water Depth
Main
Hydrocarbon
Light Oil

- Total
www.pemex.com
www.total.com.mx

Mexicanos, Delegación Miguel Hidalgo, CP
Phone: +52 1 (55) 1944-2500
Work Program:
coverage of seismic data. Heavy oil and dry gas are expected.
2019.
71

Geological Pilar Reforma-Akal
Province
Region Pliocene, Pleistocene
Field Thick Grain Sand
Surface 734.1 km2
Water Depth
Main
Hydrocarbon
Wet gas
BP Exploration Mexico, S.A. de C.V., Total E&P México, S.A. de C.V., y Hokchi Energy, S.A. de C.V
- BP Exploration Mexico, S.A. de C.V.,
- Total E&P México, S.A. de C.V., y
- Hokchi Energy, S.A. de C.V
http://hokchienergy.com/
www.total.com.mx
https://www.bp.com/es_mx/mexico/home.html

Angélica Ruiz Celis
General Director of BP México
Avenida Santa Fe No.505 Piso 10, México D.F.,
Phone: 52-55-50632158, 52-55-50632000
México,
Michel Herve Leo
Phone: +52 (55) 5282 4429
Work Program:
BP Exploration Mexico, S.A. de C.V., Total E&P México, S.A. de C.V., y Hokchi Energy, S.A. de C.V
signed the contract with CNH in June 2018 of Area 03 of CS from round 3.1. The block is located off
the coast of Campeche. Initial phase will see seismic processing and preparation of exploration plan
to be delivered by end of 2019 to CNH for approval. The contract includes commitment to drill one
well, which probably will not happen before 2021. Block 03 of CS has 71% coverage of seismic data,
which means there is still data to be acquired for processing in the coming months. Wet gas are
expected.
2019.
72

Geological
Province
Salina Basins
Region Pre-Oxfordiano
Surface 580.9 km2
Water Depth
Main
Hydrocarbon
Light Oil

- Total
www.pemex.com
www.total.com.mx

Mexicanos, Delegación Miguel Hidalgo, CP
Phone: +52 1 (55) 1944-2500
Work Program:
coverage of seismic data. Heavy oil and dry gas are expected.
2019.
73

Geological Pilar Reforma-Akal
Province
Region Paleoceno, Eoceno
Field Calcarenitas
Surface 798 km2
Water Depth
Main
Heavy Oil
Hydrocarbon
Pemex Exploración y Producción and Shell

- Shell
www.pemex.com
www.shell.com

Alberto de la Fuente Piñeirua Lomas de Chapultepec III Sección, Av. Paseo de

President and General Director Shell Mexico las Palmas 340, Lomas de Chapultepec V Secc,
Phone: +52 1 (55) 5089-5700 11000 CDMX
shellmex@shell.com
Work Program:
Pemex and Shell signed the contract with CNH in June 2018 of Area 04 of CS from round 3.1. The
block is located off the coast of Campeche. Initial phase will see seismic processing and preparation
of exploration plan to be delivered by end of 2019 to CNH for approval. The contract do not include
well drillings. Block 06 of CS has 37% coverage of seismic data, which means there is still data to
be acquired for processing in the coming months. Heavy oil is expected.
2019.
74
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75
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in international markets
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Mexico New Players Market Report 2019-03-20

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2019

This report contains updated information regarding activity in the blocks

(+30 days): 2-Feb-16

CNH Development Plan

CNH Work Program Approval

(Same Dates for every year’s

Area 2: Talos Energy

Oil Province Southeast Basins

The deadline to complete the minimum work program is September 4, 2019.

- Talos Energy – USA (Operator) (35%)

The deadline to complete the minimum work program is September 4, 2019.

(+60 days): 28 April-16

(Same Dates for every years

CNH Development Plan

Development Plan (+1 year)

Area 1: Eni (Amoca, Miztón and Tecoalli Fields)

ENI México, S. de R.L. de C.V.

- ENI – Italy (Operator).

Area 2: Hokchi Energy (Hokchi Field)

Physical activities to be performed: Wells Physical activities to be carried out: Facilities

Area 4: Fieldwood Energy (Ichalkil and Pokoch Fields)

- Fieldwood Energy – USA (Operator).

Operating facilities are located in Ciudad del Carmen, Campeche.

Approval (+30 days): 06-

CNH Approval (+30 days):

Appraisal Period (+3 year)

CNH Work Program

approval (+60 days)

CNH Evaluation plan

CNH Development Plan

Development Plan (+2

Perdido Fold Belt Area 1: CNOOC

Oil Province Fold Area

China Offshore Oil Corporation E&P México S.A.P.I. de C.V.

- China National Offshore Oil Corp – China

Perdido Fold Belt Area 2: Total

Oil Province Perdido Area

Perdido Fold Belt Area 3: Chevron

Oil Province Perdido Area

Chevron Energía de México S. de R.L. de C.V., Pemex Exploración y Producción and

Perdido Fold Belt Area 4: CNOOC

Oil Province Perdido Area

China Offshore Oil Corporation E&P México S.A.P.I. de C.V.

- China National Offshore Oil Corp – China

Saline Basin Area 1: Equinor

Oil Province Saline Basin

Operators BP will drill Serrano with Ubicación

Saline Basin Area 3: Equinor

Oil Province Saline Basin

- Equinor – Norway (Operator).

Saline Basin Area 4: Petronas Carigali

Oil Province Saline Basin

Saline Basin Area 5: Murphy Oil Corp.

Oil Province Saline Basin

- Murphy – USA (Operator).

days): 24- April-18

(+120 days): 22- Jul-2018

CNH Approval (+30 days):

CNH Evaluation plan Approval

Appraisal Period (+2 year)

Development Plan (+1.5 years)

Evaluation plan after any discovery