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.

contraprestaciones_20180812 eng v3.png (1)
State Income from Remunerations from 111 E&P Contracts Increases 69% from 2018 to 2019
13 August 2019
  • Income from Remunerations (not including bonus payments) derived from 111 E&P Contracts currently in force registered an increase of 69%: in the first semester of 2019, the state received payments of MXN$5.661 billion pesos, representing additional income of MXN$2.307 billion pesos compared to the same period in 2018.
  • These increases are due to additional income from Government Take of Operating Profit, which increased by MXN$1.246 billion pesos, as well as income from Contract Fees for the Exploration Phase that increased by MXN$459 million pesos, as well as by Additional Royalties which increased by MXN$441 million pesos.
  • In addition, the Signing Bonus has increase petroleum income. During the first semester of 2017 and of 2018 generated income from signing or tie-breaker bonuses that totaled: MXN$1.244 billion pesos and MXN$13.168 billion pesos, respectively.

Additional Note. Oil and gas contracts that are currently in force generate income for the State via the following mechanisms:

1.Remunerations1 stipulated in both License and Production Sharing Contracts are: Base Royalty and Contract Fees for Exploration Phase.

2.License Contracts include an Additional Royalty linked to the contractual value of hydrocarbons, as well as a Signing Bonus, both terms offered in bids during the bidding rounds.

3.Production Sharing Contracts include Remunerations in the form of Percentage of Operating Profit2, as offered in bids during the bidding round.

PDF

Source: National Hydrocarbons Commission, with information from the Mexican Oil Fund for Stabilization and Development (FMP).

1 Law of Income from Hydrocarbons (Ley de Ingresos sobre Hidrocarburos, “LISH”), second section, “Contract Remunerations”.

2 This remuneration is reported by the FMP as “Sales by the State”, and refers to the income from the government commercialization arm has paid to the FMP for hydrocarbons sales, in accordance with Article 27 of LISH. Does not include VAT, nor payments for sales services.

Production

Production
Oil production
June 2019
1,665.0
Thousands of barrels per day

National production

Oil

1,665.0

Thousand of barrels per day

Natural gas

4,823.8

Million cubic feet per day

Nitrogen-free Natural Gas

3,755.2

Million cubic feet per day

Condensate

26.7

Thousand of barrels per day

*May 2019 data

Oil production

Entitlements

1,592.9

Thousand of barrels per day

Contracts

72.05

Thousand of barrels per day

*June 2019 data

Production

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

Reserves and resources

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

Reserves

3P

25,106.1

MMBOE

2P

15,836.2

MMBOE

1P

7,897.3

MMBOE

*Through Jan 1st. 2019. MMBOE= Million Barrels of Oil Equivalent

Prospective resources

Total

112,833.3

MMBOE

Conventional

52,629.1

MMBOE

Unconventional

60,204.3

MMBOE

*September 2017 data. MMBOE= 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
June 2019
7,661
Total wells

Wells

Total drilled wells

25

Exploratory wells

4

Development wells

21

Operating wells

7,661

*May 2019 data, with exception of operating wells with June 2019 data.

Exploration studies (ARES)

Total studies

52

Developing

28

Completed

24

ARES register

85

Companies with authorizations

21

*Through February 2019. Figure includes studies currently underway or completed, and does not include 24 authorized studies that have yet to be performed.

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.

Licenses/Entitlements and Contracts

Licenses/Entitlements and Contracts
January 2019
111 Contracts
415 Entitlements
Existing

Entitlements

Entitlements

415

Exploration

112

Extraction

258

Shelter

45

Existing entitlements

Contracts

Contracts

111

Bidding process

103

Pemex farmouts

3

Pemex migrations

5

Existing contracts

Licenses/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
August 13, 2019
50.86
Dollars per barrel

Oil

WTI

53.23

Dollars per barrel

Brent

56.47

MME

49.60

Gas

Henry Hub

2.31

Dollars per million BTU

IPGN - CRE

2.78

*August 05 to August 09, 2019, data. With exception of CRE considering June, 2019 data. IPGN= Reference price index for wholesale natural gas.

Sales and prices

Hydrocarbons' prices, according to international benchmarks.

Investments

Investments
Approved investments
June 2019
36.087
Billion dollars

Investment in Contracts

Committed investment

4.158

Billion dollars

Approved investment

36.087

Billion dollars

Disbursed investment

2.403

Billion dollars

*December 2018 data, with exception of approved figures and disbursed investment figures through June 2019.

Hydrocarbons payments

Total

103.392

Billion dollars

Entitlements

101.643

Contracts

1.749

*April 2019 data

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.

State Income from Remunerations from 111 E&P Contracts Increases 69% from 2018 to 2019
contraprestaciones_20180812 eng v3.png (1)
13 August 2019
  • Income from Remunerations (not including bonus payments) derived from 111 E&P Contracts currently in force registered an increase of 69%: in the first semester of 2019, the state received payments of MXN$5.661 billion pesos, representing additional income of MXN$2.307 billion pesos compared to the same period in 2018.
  • These increases are due to additional income from Government Take of Operating Profit, which increased by MXN$1.246 billion pesos, as well as income from Contract Fees for the Exploration Phase that increased by MXN$459 million pesos, as well as by Additional Royalties which increased by MXN$441 million pesos.
  • In addition, the Signing Bonus has increase petroleum income. During the first semester of 2017 and of 2018 generated income from signing or tie-breaker bonuses that totaled: MXN$1.244 billion pesos and MXN$13.168 billion pesos, respectively.

Additional Note. Oil and gas contracts that are currently in force generate income for the State via the following mechanisms:

1.Remunerations1 stipulated in both License and Production Sharing Contracts are: Base Royalty and Contract Fees for Exploration Phase.

2.License Contracts include an Additional Royalty linked to the contractual value of hydrocarbons, as well as a Signing Bonus, both terms offered in bids during the bidding rounds.

3.Production Sharing Contracts include Remunerations in the form of Percentage of Operating Profit2, as offered in bids during the bidding round.

PDF

Source: National Hydrocarbons Commission, with information from the Mexican Oil Fund for Stabilization and Development (FMP).

1 Law of Income from Hydrocarbons (Ley de Ingresos sobre Hidrocarburos, “LISH”), second section, “Contract Remunerations”.

2 This remuneration is reported by the FMP as “Sales by the State”, and refers to the income from the government commercialization arm has paid to the FMP for hydrocarbons sales, in accordance with Article 27 of LISH. Does not include VAT, nor payments for sales services.

Production

Production
Oil production
June 2019
1,665.0
Thousands of 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.

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
June 2019
7,661
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.

Licenses/Entitlements and Contracts

Licenses/Entitlements and Contracts
January 2019
111 Contracts
415 Entitlements
Existing
Licenses/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
August 13, 2019
50.86
Dollars per barrel
Sales and prices

Hydrocarbons' prices, according to international benchmarks.

Investments

Investments
Approved investments
June 2019
36.087
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.