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Post Tagged with: "auction"

U.S. Government’s New Mexico-side Permian Sale Reaches 10 Figures

U.S. Government’s New Mexico-side Permian Sale Reaches 10 Figures

Oil Auction Climbs to Record $1 Billion as Bidding Soars – $95,000 per Acre

From Houston Chronicle/Bloomberg

The price to access unexplored shale assets on the New Mexico side of the Permian Basin soared to $95,001 an acre in a …

September 10, 2018 - 8:09 am — Closing Bell Story‎, Crude Oil News, Energy News, Exploration and Production (E&P)
Brazil’s 15th Offshore Bidding Round Sets a Record

Brazil’s 15th Offshore Bidding Round Sets a Record

Brazil’s 15th Bidding Round raised over USD$2.4 billion – this sets a new record for Brazil’s auctions. According to the Brazilian National Petroleum Agency, the 15th round will generate investments of USD$361.6 million in the first/exploration phase of the concession …

April 2, 2018 - 5:00 pm — Acquisitions and Divestitures (A&D), Closing Bell Story‎, Exploration and Production (E&P), Finance, International, Offshore, Oil and Gas 360 Articles
Round 3.1 Overview Map

16 Contracts Awarded to 12 Bidders in Mexico’s Shallow Water Auction Round 3.1

Results of Mexico’s Shallow Water Auction – Round 3.1

18 bidders participated in the event

16 contracts were tendered to 12 bidders

On Tuesday, the opening of bids and awarding of exploration and hydrocarbons production contracts for the First Tender …

March 27, 2018 - 6:19 pm — Acquisitions and Divestitures (A&D), Closing Bell Story‎, Downstream, Exploration and Production (E&P), Finance, Fracing, International, Law, Mexico, Offshore, People, Politics & Opinions, Popular 2
Mexico Faces Test in Upcoming Deepwater Oil Auction

Mexico Faces Test in Upcoming Deepwater Oil Auction

Mexico’s July presidential election, uncertain fate of NAFTA and competition for capital from U.S., Brazil, Argentina and Guyana offshore projects cast a shadows on future of Mexico’s energy reform

From Reuters

MEXICO CITY (Reuters) – An auction of deepwater oil …

January 22, 2018 - 1:00 pm — Closing Bell Story‎, Energy News, Mexico, Offshore
Mexico’s First Pipeline Open Season

Mexico’s First Pipeline Open Season

Mexico’s National Center for Natural Gas Control (CENAGAS) conducted its first open season for capacity rights to its natural gas pipeline grid. The auction took place in May, 2017. In “Round 0”, which took place in October, 2016, CENAGAS allocated …

July 20, 2017 - 4:30 pm — Closing Bell Story‎, International, Mexico, Midstream, Oil and Gas 360 Articles
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