Mexico’s Upstream Governance

CNH’S Cautionary Notes for the Peña Nieto


This report identifies many of the concerns that are being voiced in Mexico, Houston and elsewhere about the implementation of the 2013-14 Energy Reform in Mexico. To address these concerns, this report offers two pages of recommendations and caveats. One recommendation is that the Hydrocarbon Commission (CNH) should hold in reserve a portion of each area that will be requested to be grandfathered by Pemex in the so-called Round Zero, for example, the ultra-deepwater Perdido Area. The full report is available to subscribers of Mexico Energy Intelligence®, our industry and policy newsletter.

This report draws on conversations during the February in Houston, Mexico City and elsewhere to construct recommendations and considerations that the Hydrocarbon Commission (CNH), as the agency of public oversight of Mexico’s oil and gas patrimony, might give to Energy Secretary Pedro Joaquín and to President Enrique Peña.

DOWNLOAD Pages from Market Note 184: Mexico’s Upstream Governance

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Mexico Energy Intelligence

Baker & Associates offers niche-market business and policy intelligence related to Mexico's oil and gas, power and chemical industries. Over 1,000 reports have been issued in the last 20 years. Subject matter expert and publisher George Baker, who directs the firm, has carried out consulting assignments starting in the late 1970s at the height of the Oil Boom in Mexico. He brings bilingual and bicultural skill-sets to understanding and responding to challenges of business and public policy, coupled with a deep familiarity with the history and idiosyncrasies of the Mexican operating environment.