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ARTICLE · 20 MARCH 2017

PEMEX Farm Out Tender Procedure CNH-A2-AYIN-BATSIL/2017

Basham, Ringe y Correa, S.C.
Basham, Ringe y Correa, S.C.
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Basham, Ringe y Correa, S.C.

Basham, Ringe y Correa, S.C.

Basham is a full-service law firm with a strong presence in Latin America. Established in Mexico in...

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On March 07, 2017, the National Hydrocarbons Commission released the call related to the second PEMEX farm out, CNH-A2-AYIN-BATSIL/2017, for the wells known as "Ayin-Batsil" which are located in shallow waters of the Mexican Gulf.

MexicoEnergy and Natural Resources

On March 07, 2017, the National Hydrocarbons Commission ("CNH") released the call related to the second PEMEX farm out, CNH-A2-AYIN-BATSIL/2017, for the wells known as "Ayin-Batsil" which are located in shallow waters of the Mexican Gulf.

Below are the main aspects to be considered in this farm out procedure:

I. Bidding guidelines / Required Experience:

  • Three exploration and/or extraction of hydrocarbons projects in shallow waters with depth equal or greater to 150 meters during 2011 – 2015.
  • Daily hydrocarbons production of 10,000 barrels of crude equivalent oil in shallow water projects with depth equal or greater to 150 meters during 2011 – 2015.
  • Investments in projects related to the exploration and/or extraction of hydrocarbons of at least 2,000 billion USD during 2011 – 2015.

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