toward an inventory d - mexico oil and policy · toward an inventory of mexico’s oil and gas...

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Public Policy Perspective No. 1040 Houston, April 5, 2017 MEXICO ENERGY INTELLIGENCE ® ‐ ISSN 2380‐6400 PUBLIC POLICY PERSPECTIVES are issued periodically, in English or in Spanish, as a public service with the aim of inviting fresh discussion of matters of politics, law, policy, regulation and corporate governance. TOWARD AN INVENTORY OF MEXICO’S OIL AND GAS RESERVES Overcoming upstream data sanitation by government agencies URING A PRESENTATION IN HOUSTON on February 9, 2017, of Mexico’s National Hydrocarbon Information Center, which is institutionally attached to the National Hydrocarbon Commission (CNH), one of the speakers commented that, in times past, geological data were regarded by Pemex as “confidential.” For decades, analysts observed that Pemex’s statistical data on reserves would be sanitized, that is, presented in such a way as to lack policy, commercial or scientific value. In general, such data were notional at best, ornamental at worst. As part of its 5‐year plan for 2015‐19, Mexico’s Energy Ministry (SENER) published in alphabetical order the names of 768 fields (as a list of 26 pages), each field shown with the name of the state in which it is located (if onshore) or in federal waters (offshore). Basic reserve information is also provided (see Exhibit A). While the alphabetical list does have dictionary value, the aims of policy, commerce or geological imagination are not served. A good exercise for CNH would be to code each field by its geological horizon and basin. Once coded (and with the statistical data provided in SENER’s table), new tables (by basin, by size, etc.) will become possible and which, together, will give a fuller picture of Mexico’s hydrocarbon potential. Meanwhile, we invite users of our Table 1 (appended) who have information about the geological horizon and basin of a given field to so inform us. In this way, we may update the table with additional raw material with which, hopefully, better decisions regarding public policy, commerce and earth science may be made. OBSERVATIONS UCH A CONFIDENTIALITY HABIT ON THE PART OF PEMEX EXPLAINS, in large part, the poor performance of Pemex in exploration in recent decades: there were too few earth scientists looking at the data; further, most of those persons shared the same mental landscape and were graduates from the same schools. This data‐fortress mentality violated the maxim that states “it is the diversity of ideas that finds oil.” It is this lack of diversity of ideas that has largely been responsible for the low levels of reserve restitution based on discoveries. CONCLUSION AVING MORE DATA seen by more people is a healthy step, but CNH should not wait for someone to lease the data under contract. A meaningful contribution would be to publish an inventory of oil and gas reserves, by field, by basin. . D S H [email protected] Page 1 of 33

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Public Policy Perspective No. 1040 Houston, April 5, 2017 

MEXICOENERGYINTELLIGENCE ®‐ISSN2380‐6400 

PUBLIC POLICY PERSPECTIVES are issued periodically, in English or in Spanish, as a public service with the aim of inviting fresh discussion of matters of politics, law, policy, regulation and corporate governance.

TOWARD AN INVENTORY OF MEXICO’S OIL AND GAS RESERVESOvercoming upstream data sanitation by government agencies 

URING A PRESENTATION IN HOUSTON on February 9, 2017, of Mexico’s National Hydrocarbon Information Center, which is institutionally attached to the National Hydrocarbon Commission (CNH), one of the speakers commented that, in times past, geological data were regarded by 

Pemex as “confidential.” For decades, analysts observed that Pemex’s statistical data on reserves would be sanitized, that is, presented in such a way as to lack policy, commercial or scientific value. In general, such data were notional at best, ornamental at worst. 

As part of its 5‐year plan for 2015‐19, Mexico’s Energy Ministry (SENER) published in alphabetical order the names of 768 fields (as a list of 26 pages), each field shown with the name of the state in which it is located (if onshore) or in federal waters (offshore). Basic reserve information is also provided (see Exhibit A). While the alphabetical list does have dictionary value, the aims of policy, commerce or geological imagination are not served.  

A good exercise for CNH would be to code each field by its geological horizon and basin.  Once coded (and with the statistical data provided in SENER’s table), new tables (by basin, by size, etc.) will become possible and which, together, will give a fuller picture of Mexico’s hydrocarbon potential. 

Meanwhile, we invite users of our Table 1 (appended) who have information about the geological horizon and basin of a given field to so inform us. In this way, we may update the table with additional raw material with which, hopefully, better decisions regarding public policy, commerce and earth science may be made.  

OBSERVATIONS 

UCH A CONFIDENTIALITY HABIT ON THE PART OF PEMEX EXPLAINS, in large part, the poor performance of Pemex in exploration in recent decades: there were too few earth scientists looking at the data; further, most of those persons shared the same mental landscape and were 

graduates from the same schools.  This data‐fortress mentality violated the maxim that states “it is the diversity of ideas that finds oil.” It is this lack of diversity of ideas that has largely been responsible for the low levels of reserve restitution based on discoveries. 

CONCLUSION

AVING MORE DATA seen by more people is a healthy step, but CNH should not wait for someone to lease the data under contract. A meaningful contribution would be to publish an inventory of oil and gas reserves, by field, by basin.

D

S

[email protected] Page 1 of 33

Oil and Gas Fie lds in SENER's 5-year plan (2015-19)

Geological ageState Field name SENER # Basin

Geological age and province are needed to have policy or commercial value

Table 1

Aguas terr i tor ia les

Abakatún 1

Akal 16

Akpul 17

Alak 18

Alux 29

Amoca 33

Arenque Jurrasic47

Arrecife Medio 50

Atún 59

Ayatsil 63

Ayín 64

Bacab 69

Bagre 71

Baksha 72

Balam 73

Batab 78

Bolontikú 91

Caan 99

Cangrejo 121

Carpa 137

Chac 157

Ché 162

Chuc 174

Chuhuk 176

Chukua 177

Citam 179

http://www.gob.mx/cms/uploads/attachment/file/41843/Plan_Quinquenal.pdfFor field data, search by SENER #:

[email protected] Page 2 of 33

Admin
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Oil and Gas Fie lds in SENER's 5-year plan (2015-19)

Geological ageState Field name SENER # Basin

Geological age and province are needed to have policy or commercial value

Table 1

Uech 726

Után 729

Utsil 730

Wayil 748

Xanab 749

Xicope 752

Xulum 754

Xux 755

Yaxché 758

Yetic 759

Yum 760

Zaap 761

Zazil-Ha 766

Campeche

Laguna Alegre 367

Ribereño 589

Trompo 719

Xicalango 751

Campeche-Tabasco

Mangar 401

Narváez 454

Chiapas

Acuyo 6

Artesa 55

Cacho López 109

Carmito 135

Catedral 147

http://www.gob.mx/cms/uploads/attachment/file/41843/Plan_Quinquenal.pdfFor field data, search by SENER #:

[email protected] Page 6 of 33

Oil and Gas Fie lds in SENER's 5-year plan (2015-19)

Geological ageState Field name SENER # Basin

Geological age and province are needed to have policy or commercial value

Table 1

Chintul 171

Chirimoyo 173

Comoapa 188

Gaucho 276

Juspi 341

Lacantún 365

Malva 398

Mundo Nuevo 447

Muspac 450

Nazareth 458

Nicapa 462

Sabancuy 602

Secadero 628

Sunuapa 648

Topén 705

Chiapas - Tabasco

Arroyo Zanapa 54

Cactus 110

Chiapas-Copanó 163

Eden-Jolote 228

Giraldas 280

Níspero 465

Río Nuevo 593

Sitio grande 640

Teotleco 677

Coahui la

Buena Suerte 97

http://www.gob.mx/cms/uploads/attachment/file/41843/Plan_Quinquenal.pdfFor field data, search by SENER #:

[email protected] Page 7 of 33

Oil and Gas Fie lds in SENER's 5-year plan (2015-19)

Geological ageState Field name SENER # Basin

Geological age and province are needed to have policy or commercial value

Table 1

Candelaria 119

Cardona 131

Hidalgo-Veracruz

Pastoría 522

Nuevo León

Alambra 19

Algodonero 24

Alondra 27

Altamira 28

Anáhuac 34

Artimón 56

Atajo 57

Barrilete 76

Barunda 77

Bayo 80

Benavides 84

Bragado 93

Cabeza 102

Cadena 111

Calabaza 113

Calibrador 115

Capitán 126

Carlos 133

Carlota 134

Caronte 136

Carretas 138

Catarrín 146

http://www.gob.mx/cms/uploads/attachment/file/41843/Plan_Quinquenal.pdfFor field data, search by SENER #:

[email protected] Page 9 of 33

Oil and Gas Fie lds in SENER's 5-year plan (2015-19)

Geological ageState Field name SENER # Basin

Geological age and province are needed to have policy or commercial value

Table 1

Zacate 763

Nuevo León-Tamaul ipas

Arcabuz Tertiary45 Burgos

Culebra Tertiary212 Burgos

Cúpula 216

Santa Rosalía 622

Puebla

Coyula 201

Coyula PR 202

Huehuetepec 306

Pacífico 497

Planos 552

Santiago 624

Puebla-Veracruz

Agua Fría 12

Cacahuatengo 105

Cacahuatengo PR 106

Coapechaca 182

Corralillo 195

Coyol 199

Escobal 240

Humapa 310

Miquetla 429

Miquetla PR 430

Palo Blanco 506

Tajín 655

San Luis Potosí

http://www.gob.mx/cms/uploads/attachment/file/41843/Plan_Quinquenal.pdfFor field data, search by SENER #:

[email protected] Page 12 of 33

Oil and Gas Fie lds in SENER's 5-year plan (2015-19)

Geological ageState Field name SENER # Basin

Geological age and province are needed to have policy or commercial value

Table 1

Limón 376

Tampamolón 664

San Luis Potosí - Tamaul ipas-

Ebano Chapacao 225

Tabasco

Acachu 2

Acahual 4

Agave 10

Alameda 20

Almendro 26

Arroyo Prieto 52

Ayapa 62

Ayocote 65

Bellota 83

Bitzal 85

Boca del Toro 89

Bricol 95

Cafeto 112

Calicanto 116

Cantemoc 122

Caparroso-Pijije-Escuintle 125

Caracolillo 127

Cárdenas 129

Cardo 130

Carrizo 140

Castarrical 143

Chilapilla 167

http://www.gob.mx/cms/uploads/attachment/file/41843/Plan_Quinquenal.pdfFor field data, search by SENER #:

[email protected] Page 13 of 33

Oil and Gas Fie lds in SENER's 5-year plan (2015-19)

Geological ageState Field name SENER # Basin

Geological age and province are needed to have policy or commercial value

Table 1

Tabasco-Veracruz

Bacal 70

Blasillo 87

El Plan 232

Los Soldados 385

Panal 511

Tonalá 704

Tamaul ipas

Agami 8

Agua Blanca 11

Alcaraván 23

Aljibe 25

Amatista 30

Ambos 32

Anona 38

Antiguo 39

Aquiles 41

Árabe 42

Arcos 46

Aventurero 60

Axón 61

Azabache 66

Azor 67

Azúcar 68

Barcodón 75

Bato 79

Blanquita 86

http://www.gob.mx/cms/uploads/attachment/file/41843/Plan_Quinquenal.pdfFor field data, search by SENER #:

[email protected] Page 17 of 33

Topic File #

Reports on Mexico’s oi l & gas resources

Pages

Mexico Energy Intelligence®

ChartYear

2015

100207 219Jun 16, 15 Glossary of Pemex's Reserve Report with English Translations

Pemex’s annual reserves report, Las Reservas de Hidrocarburos de Mexico, includesa glossary and a list of acronyms. In this report, we note that the 2014 edition may bethe last in a series, as it will likely be taken over by CNH for 2015. We added thelexical items of the glossary with English definitions to the database of ourDICTIONARY OF MEXICAN ENERGY.

MEXICO ENERGY INTELLIGENCE® (MEI) is a commercial and policy research and advisory service offered by BAKER &ASSOCIATES, ENERGY CONSULTANTS, a management consultancy based in Houston. MEI reports facilitate two-waycommunication between Mexican public and private institutions and the global environment. Our reports examine policy,institutional and cultural issues as they affect the operating environment, energy regulation, and government and privateinvestment in Mexico's energy sector. Reports are distributed principally on a subscription basis. Energia.com contains reports,title lists, calendar postings and interviews with stakeholders and observers that are made available as a public service.

[email protected] Page 32 of 33

Topic File #

Reports on Mexico’s oi l & gas resources

ChartPages

Mexico Energy Intelligence®

Year

1999

385 29Dec 20, 99 Pemex natural gas production, by basin and reported field, 1989-98

This report provides an analysis of Pemex natural gas production, by basin andreported field, 1989-98. As Pemex does not provide production information by basin,this report is based on our internal matching of fields and basins.

347 01Jun 26, 99 Alphabetical listing and classification of Pemex fields

Presents MEI’s classification of Mexican oil and gas fields in a form useful to theexplorationist.

336 12Apr 22, 99 Pemex’s new 2-volume study of Mexico’s hydrocarbon reserves

Report on new publication by Pemex on reserves by 3-P system.

1992

120192 13Dec 01, 92 Policy Implications of Mexico's Questioned Oil Reserves

This article speculates on the impact a Free Trade Agreement with the United Stateshave on Mexican upstream oil policy. The article discusses six estimates of Mexico'sproven oil reserves in 1990, including the controversial one of Francisco Iguanzo ofDecember 1991, as published in Proceso. MEXICO POLICY NEWS (UCLA) No. 7(Winter 1992), 3 pp.

[email protected] Page 33 of 33

BAKER&ASSOCIATES,ENERGYCONSULTANTS

Management consulting

Industry, policyand regulatory reports

A management briefing is available on the topics covered in this report.

(832) 434-3928 (text/cell)

Mailing Address: 

Box 271506

Houston TX 77277‐1506

To learn about our reporting,consult the title lists, by year or category, on http://www.energia.com, or write to us at

[email protected]