The Economist – Mexico City
Petróleos Mexicanos, Pemex, expects a production of 69,400 barrels per daily barrels for this 2025 from 10 mixed development contracts, with private, volume that until the last report would represent 4.2% of the state’s extraction.
It also has The expectation that these contracts allow a production of 609.5 million cubic feet daily of natural gaswhich means 13.4% of the current extraction.
According to the presentation that was made public on the subject, the criteria for selection of mixed contracts are that they are assignments with certified reservewithout budgetary resources in 2025 and with feasibility of advancing production to see an impact from this year.
Thus, as Víctor Rodríguez Padilla, director Pemex General to El Economista in March, assignments were selected in which private capital will be attracted and increase production. Although in principle it was thought of 17 contracts, this year it is intended to start with the award of 10 of which are oil and three of gas.
The objective of these contracts is to contribute to the oil production platform from 1.8 million barrels per day and gas of 4.5 billion cubic feet per dayas well as expedite the activity to advance the production of hydrocarbons and obtain private financing to potentiate Pemex.
In this regard, Pemex announced that he hopes to assign these contracts with a bonus to the firm that represents a hauling for the investments already made by the state. In the total of the 10 contracts for this 2025 the amount of these bonds will add US $ 8,060 million.
The presentation also explained that there are already nine companies that have shown interest in six of these assignments. These are firms that already participate in exploration and extraction activities in Mexico, such as the English Harbor Energy, the China Sinopec and the Egyptian Cheiron, along with the Mexicans who also have Carso, Diavaz, Jaguar and Petroleum Consortium 5m 5M of the Gulf, in addition to the service providers Chame and Ceigsa.
In addition, the assignments that will be subject to these contracts were specified, of which the Ixachi field stands out, of land gas, where a bonus of US $ 5,000 million will be requested and there is already the interest of Grupo Carso.
The allocation with more resources is from the Bakte terrestrial field, which although it has no companies interested in the contract yet, It has a potential of 33,600 barrels per day of oil and 392.8 million cubic feet of gas.
Another land gas contract is contemplated that unifies the assignments crow, mole and border and With a smaller potential, of 7.1 million cubic feet daily of gas, it has three Mexicans who already have interested Pemex contracts.
With regard to contracts for the extraction of oil on land, fields of the southern region will be included, such as the motherfil-bellota assignments, five presidents and cold waterand also from the northern region in the case of Tamaulipas Constitutions and Sini-capital.
Finally there are two fields of marine oil included: Och, which according to Pemex already has the interest of the British Harbor, and can produce up to 3,400 barrels per day of oil, So it has a bonus to the firm of US $ 350 million, and the Homol field, which can have an incremental production of 4,200 barrels per day, so its bonus to the signing of the contract is calculated at US $ 330 million for the private one looking for the association with Pemex.
The public company of the Mexican State also included the Pit-Ayab-UTSIL contract, to the one that identified as high technical complexity so that although it is already delimited, it will increase until 2032.
