Mexico - 01

Mexico: Zama-1 Raises Expectations and Political Stakes: Implications for Round 2.4

Zama-1, the first well explored with private capital in the Gulf of Mexico, has exceeded all expectations. In the medium term, Zama-1 will provide Mexico with profits fluctuating between 68.99% and 80%. According to SENER, Zama-1 will ultimately provide about $36bn to the national treasury. Meanwhile, there is great optimism among the consortium operating Zama-1. Sierra Oil and Gas’ director general, Ivan Sandrea, noted that this discovery highlights the importance of private capital in Mexico’s economic growth under the energy reforms.


To continue reading, please submit your contact details along with a short message below indicating what you'd like to learn more about and we'll get back to you.