Mexico - 07

Mexico: Pemex’s Second Private Partnership Announced

On 6 March CNH announced its approval of Pemex’s second partnership, which will be at the Ayin-Batsil field off the coast of Campeche. According to data published by CNH, Ayin-Batsil has some 281mn boe, including proven reserves of 46mn boe, probable reserves of 77mn boe, and possible reserves of 158mn boe. Altogether, the field has approximately 50% of the prospective resources of Trion, the block included in Pemex’s first private association, and represents almost 1% of Mexico’s current crude output.

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