IN BRIEF: Mexico updates onshore auction

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Thursday, April 20, 2017

Mexico's hydrocarbons regulator CNH to date has approved 19 evaluation and/or development plans that correspond to the same number of contracts out of a total of 25 signed following the onshore auction as part of Round One bidding.

The 19 plans (see table below, all figures in US$) total US$325mn, the watchdog said in an update.

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Last August, CNH and the energy ministry signed the last six onshore contracts awarded at the December 2015 auction. New onshore auctions as part of Round 3 are scheduled for July.

CREDIT: CNH