Hydrocarbons Information System


 
 
 
Hydrocarbons Information System
 
 

In the Hydrocarbons Information System (SIH), you can view and download the historic production of oil and gas by well, as well as other statistics of interest regarding the Mexican oil sector provided by the National Hydrocarbons Commission.

IMG SURFACE PAYMENTS.png
Surface Payments from Oil & Gas Contracts
04 March 2020

From 2015 to 2019, the State received an income of MXN$6,926 million pesos in surface payments from 112 oil and gas contracts. 1

 

MXN$2,838 million pesos correspond to payments of the Contractual Fee for the Exploration Phase, a fee that is paid monthly and is calculated based on the block surface area of contracts not yet in the production phase. The Mexican Oil Fund for Stabilization and Development is the recipient of these fee payments.2

 

MXN$4,088 million pesos correspond to payments of the Tax on Exploration and Production Activities, paid monthly and calculated based on block surface area of contracts in the exploration and production phases. The Mexican Tax Authority (SAT) is the recipient of these tax payments.3

 

It is projected that the annual income from these fees and taxes will reach MXN$3,765 million pesos in 2020 and a total income of MXN$18,929 million pesos during the period 2021-2024.

PDF

1 Contracts for the Exploration and Production of Hydrocarbons stipulate monthly payment to the Mexican State of a Contractual Fee for the Exploration Phase and a Tax on Hydrocarbons Exploration and Production Activities; both are calculated per square kilometer of the contractual block in question. The contract CNH-R01-L03-A14/2015 was cancelled on May 29, 2018, and contract CNH-R01-L03-A19/2016 was suspended on July 13, 2017. 

2 Article 23 of the Law of Hydrocarbons’ Income stipulates payment of the Contractual Fee.

3 The Fourth Chapter of the Law of Hydrocarbons’ Income established the origin, obligations and distribution of the income received from the Tax on Hydrocarbons’ Exploration and Production Activities.

Source: Comisión Nacional de Hidrocarburos, with information from the Mexican Oil Fund as well as estimates based on the surface area of tendered blocks.

Production

Production
Oil production
February 2020
1,721.6
Thousand barrels per day

National production

Oil

1,712.7

Thousand barrels per day

Natural gas

4,995.3

Million cubic feet per day

Nitrogen-free Natural Gas

3,972.8

Million cubic feet per day

Condensate

26.6

Thousand barrels per day

Oil production

Entitlements

1,618.3

Thousand barrels per day

Contracts

94.4

Thousand barrels per day

Production

National production of hydrocarbons since 1960, disaggregated by license/entitlement or contract, location (state) and main production project. It includes natural gas production.

This section includes statistics related to Prospective Production of Hydrocarbons, calculated using information from Development Plans submitted by Operators and estimates made by the National Hydrocarbons Commission.

Reserves and resources

Reserves and resources
3P reserves
January 2019
25.1
Billion barrels of oil equivalent

Reserves

3P

25,106.1

MMBOE

2P

15,836.2

MMBOE

1P

7,897.3

MMBOE

Prospective resources

Total

112,833.3

MMBOE

Conventional

52,629.1

MMBOE

Unconventional

60,204.3

MMBOE

Reserves and resources

Hydrocarbons national reserves, by category 1P, 2P and 3P, disaggregated by oil field and license/entitlement or contract. It includes prospective resources and the relationship between production and reserves.

Petroleum activity

Petroleum activity
Operating wells
January 2020
7,792
Operating wells

Wells

Total drilled wells

25

Exploratory wells

4

Development wells

21

Operating wells

7,873

Exploration studies (ARES)

Total studies

52

Developing

20

Completed

32

ARES register

86

Companies with authorizations

21

Petroleum activity

Indicators of the evolution of the oil industry in Mexico, such as the number of wells drilled and finished, disaggregated by type of well, location and operator. It includes the number of drilling rigs and the number and type of hydrocarbon-producing wells.

Entitlements and Contracts

Entitlements and Contracts
November 2019
396 Entitlements
111 Contracts

Entitlements existing

Entitlements

413

Exploration

110

Extraction

258

Shelter

45

Contracts existing

Contracts

111

Bidding process

103

Pemex farmouts

3

Pemex migrations

5

Entitlements and Contracts

Management of licenses/entitlements, contracts and tender processes in the hydrocarbons sector. It includes information related to the technical management and monitoring of licenses/entitlements and contracts.

Sales and prices

Sales and prices
MME price
April 02, 2020
16.05
Dollars per barrel

Oil

WTI

56.81

Dollars per barrel

Brent

62.68

MME

49.41

Gas

Henry Hub

2.71

Dollars per million BTU

IPGN - CRE

3.19

Sales and prices

Hydrocarbons' prices, according to international benchmarks.

Investments

Investments
Approved investments
December, 2019
37,240.0
Millions of dollars

Investment in Contracts

Committed investment

4.158

Billion dollars

Approved investment

36.406

Billion dollars

Disbursed investment

3.009

Billion dollars

Hydrocarbons payments

Total

117.983

Billion dollars

Entitlements

115.772

Contracts

2.211

* Cumulative total as of December 2019. Figures are subject to review.

Investments in Contracts and Licenses/Entitlements and payments to the Mexican Oil Fund

In this section, you will find information regarding investments in Exploration and Extraction Contracts disaggregated by type:

  • Estimated investment, showing total capital investment during project lifespan assuming commercial success.
  • Committed investment, according to the Minimum Work Program stipulated in each Contract.
  • Approved investment in Exploration and Development Plans.
  • Disbursed investment, using information on costs, expenses and investments registered with the Mexican Oil Fund.

In addition, you will find information regarding investments in Licenses/Entitlements, information investments as well as payments made to the Mexican Oil Fund by Licensees and Operators.

Hydrocarbons Information System

Hydrocarbons Information System

In the Hydrocarbons Information System (SIH), you can view and download the historic production of oil and gas by well, as well as other statistics of interest regarding the Mexican oil sector provided by the National Hydrocarbons Commission.

Surface Payments from Oil & Gas Contracts
IMG SURFACE PAYMENTS.png
04 March 2020

From 2015 to 2019, the State received an income of MXN$6,926 million pesos in surface payments from 112 oil and gas contracts. 1

 

MXN$2,838 million pesos correspond to payments of the Contractual Fee for the Exploration Phase, a fee that is paid monthly and is calculated based on the block surface area of contracts not yet in the production phase. The Mexican Oil Fund for Stabilization and Development is the recipient of these fee payments.2

 

MXN$4,088 million pesos correspond to payments of the Tax on Exploration and Production Activities, paid monthly and calculated based on block surface area of contracts in the exploration and production phases. The Mexican Tax Authority (SAT) is the recipient of these tax payments.3

 

It is projected that the annual income from these fees and taxes will reach MXN$3,765 million pesos in 2020 and a total income of MXN$18,929 million pesos during the period 2021-2024.

PDF

1 Contracts for the Exploration and Production of Hydrocarbons stipulate monthly payment to the Mexican State of a Contractual Fee for the Exploration Phase and a Tax on Hydrocarbons Exploration and Production Activities; both are calculated per square kilometer of the contractual block in question. The contract CNH-R01-L03-A14/2015 was cancelled on May 29, 2018, and contract CNH-R01-L03-A19/2016 was suspended on July 13, 2017. 

2 Article 23 of the Law of Hydrocarbons’ Income stipulates payment of the Contractual Fee.

3 The Fourth Chapter of the Law of Hydrocarbons’ Income established the origin, obligations and distribution of the income received from the Tax on Hydrocarbons’ Exploration and Production Activities.

Source: Comisión Nacional de Hidrocarburos, with information from the Mexican Oil Fund as well as estimates based on the surface area of tendered blocks.

Production

Production
Oil production
September 2019
1,712.7
Thousand barrels per day
Production

National production of hydrocarbons since 1960, disaggregated by license/entitlement or contract, location (state) and main production project. It includes natural gas production.

This section includes statistics related to Prospective Production of Hydrocarbons, calculated using information from Development Plans submitted by Operators and estimates made by the National Hydrocarbons Commission.

Reserves and resources

Reserves and resources
3P reserves
January 2018
25,106.1
Million barrels of oil equivalent
Reserves and resources

Hydrocarbons national reserves, by category 1P, 2P and 3P, disaggregated by oil field and license/entitlement or contract. It includes prospective resources and the relationship between production and reserves.

Petroleum activity

Petroleum activity
Operating wells
September 2019
7,873
Total wells
Petroleum activity

Indicators of the evolution of the oil industry in Mexico, such as the number of wells drilled and finished, disaggregated by type of well, location and operator. It includes the number of drilling rigs and the number and type of hydrocarbon-producing wells.

Entitlements and Contracts

Entitlements and Contracts
July 2019
111 Contracts
413 Entitlements
Entitlements and Contracts

Management of licenses/entitlements, contracts and tender processes in the hydrocarbons sector. It includes information related to the technical management and monitoring of licenses/entitlements and contracts.

Sales and prices

Sales and prices
MME price
November 20, 2019
49.58
Dollars per barrel
Sales and prices

Hydrocarbons' prices, according to international benchmarks.

Investments

Investments
Approved investments
August 2019
36.406
Billion dollars
Investments in Contracts and Licenses/Entitlements and payments to the Mexican Oil Fund

In this section, you will find information regarding investments in Exploration and Extraction Contracts disaggregated by type:

  • Estimated investment, showing total capital investment during project lifespan assuming commercial success.
  • Committed investment, according to the Minimum Work Program stipulated in each Contract.
  • Approved investment in Exploration and Development Plans.
  • Disbursed investment, using information on costs, expenses and investments registered with the Mexican Oil Fund.

In addition, you will find information regarding investments in Licenses/Entitlements, information investments as well as payments made to the Mexican Oil Fund by Licensees and Operators.