Category Archives: Farmouts

Why Mexico Needs Standard Farmouts

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Why Mexico Needs Standard Farmouts This report was prompted by a seminar held at Rice University’s Baker Institute on November 1, 2016, on the subject of recent trends in the Mexican economy. During Q&A, the speaker, a deputy secretary from Mexico’s Finance Ministry, responded with surprise at the comment that Pemex and the government were Continue Reading

Trion Farmout Analogy: A farmout and the Trion auction are alike in just two respects

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Trion Farmout Analogy: A farmout and the Trion auction are alike in just two respects Industry observers and their lawyers who are familiar with farmout agreements in jurisdictions outside Mexico have been puzzled by the government’s use of “farmout” for a contract model that lacks the essential elements of this kind of agreement. A farmout Continue Reading

Trión Deal: Farmout or PSC?

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Trión Deal: Farmout or PSC? — The deal being offered to prospective bidders is not yet clear. The winner is required to spend US$464 million, but is this an Earning Event in a farmout, or Carried Interest in a Production Sharing Contract?

MEI Report No. 799: Outlook for Farmouts in Mexico

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Our Report No. 799 is the fourth report that we’ve completed on farmout agreements as practiced internationally and how they might be practiced in Mexico.

Pemex’s Farmout Strategy: International Expectations

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Public Policy Perspective 10036 — On account of the importance of this topic for the future of Pemex in deep water blocks, we are making this report a public policy document that is publicly available.