In reference to the tenders called by the National Hydrocarbons Commission ("CNH") regarding the awarding of Exploration and Extraction of Hydrocarbons Contracts ("E&E Contracts). On March 2018, CNH announced the Third Tender of Round Three (CNH-R03-L03/2018), which compels 9 conventional and non-conventional contractual onshore areas located within the region known as Burgos.
Resources include: (i) wet gas and (ii) dry gas.
Contractual areas for Round 3.3 include 53 million barrels of conventional prospective resources and 1.6 billion of non-conventional prospective resources within a surface of 1,704 square meters.
As per the information released by the Energy Ministry ("SENER") the region in which the contractual area is located already has industrial infrastructure, such as: (i) the Cadereyta oil Refinery; (ii) 45 industrial parks in Tamaulipas and 126 in Nuevo Leon; (iii) 6 powers plants; (iv) 18 exploratory wells; (v) Matamoros and Tampico ports; (vi) gas pipelines known as Tamaulipas and Los Ramones.
Calendar:
Invitation announcement and Bidding Guidelines | March 02, 2018 |
Updated Bidding Guidelines | August 03, 2018 |
Request and payment to Access virtual data room | March 05, 2018 to June 12, 2018 |
Access to virtual data room | March 05, 2018 to June 12, 2018 |
Visits to contractual areas | June 19, 2018 to August 31, 2018 |
First clarification stage | March 02, 2018 to June 04, 2018 |
Second clarification stage | March 02, 2018 to June 07, 2018 |
Third clarification stage | March 02, 2018 to July 07, 2018 |
Bid registration and payment and prequalification requirement submission | March 02, 2018 to June 14, 2018 |
Prequalification documents reception | June 19, 2018 to June 22, 2018 |
Review of prequalification documents | June 25, 2018 to August 01, 2018 |
Release of prequalified companies | August 03, 2018 |
Authorization requirements to conform bidders | August 08, 2018 to August 09, 2018 |
Filing of proposals | September 05, 2018 |
Prequalification Specifications:
For Operators:
- Experience as operator in at least one exploration and/or extraction project in onshore areas during the past five years, or
- Experience of the proposed team in management areas of at least 10 years in exploration / extraction projects in onshore areas.
- Investments in exploration / extraction projects of at least 100 million USD.
- Capital of at least 100 million USD.
For Non-Operators.
- Capital of at least 50 million USD.
For Round 3.1 the model contract to be use will be License Contract.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.