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Current location:HOME>> News>> Industry News>> 14 Onshore Oil, Gas Blocks in July will be auctioned by Mexico
14 Onshore Oil, Gas Blocks in July will be auctioned by Mexico
AUTHOR:admin PUBLISHED:2016-11-16 CLICK:正在读取

The Mexican government will put 14 oil and gas blocks up for bids in July in its seventh auction of exploration and production areas, which officials expect will draw interest from private Mexican companies.


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They include gas fields in the Burgos basin of northeastern Mexico and oil and gas deposits in the Gulf Coast states of Veracruz and Tabasco.


The tender comprises nine gas blocks containing 25 existing fields and five exploration gas blocks where no fields have yet been discovered.


The tender process approved Monday by the country's hydrocarbons regulators offers exploration and production licenses for gas blocks which cover an area of 2,595 square kilometers (1,000 square miles) and are estimated to contain 251 million barrels of crude oil equivalent.

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