On June 19, 2017, the National Hydrocarbons Commission carried out the filing of the economic proposals act related to the biding process CNH-R02-L01/2016 for the awarding of production sharing contracts for exploration and extraction of hydrocarbons in shallow waters.
Pursuant to the results of the bid procedure, 10 contractual areas, from a total of 15, were awarded to different companies and consortiums. The remaining 5 areas may be contested by federal government in future bid procedures.
|Area||Company||State Participation if the operative Profitability||Additional Investment Factor||Total Value|
|2||DEA Deutsche and PEMEX||57.92||1.0||83.49.3|
|6||PC Carigali and Ecopetrol Global||65.19||1.0||71.178|
|7||ENI México, Capricorn Energy and Citla Energy||75.00||1.5||84.825|
|8||PEMEX and Ecopetrol||20.10||0.0||20.100|
|9||Capricorn Energy and Citla Energy E&P||75.00||1.5||84.825|
|11||Repsol Exploración and Sierra Perote||62.28||0.0||62.280|
|12||Lukoil International Holding Upstream||75.00||1.0||81.550|
|14||ENI México and Citla Energy||32.27||0.0||32.270|
|15||Total E&P and Shell||30.11||0.0||30.110|
Contracts derived from the awards represent investments of approximately USD $8.2 billion during the next 30 – 40 years.
It is important to mention that, derived from the offers made by winning bidders, especially regarding State Participation in the Operative Utility, the State will receive, on average, between 77.4% and 83.9% of the generated utilities, as well as a cash payment of 30 million dollars for a tie related to contractual area No. 9.