{"id":1541,"date":"2020-02-12T12:44:56","date_gmt":"2020-02-12T18:44:56","guid":{"rendered":"http:\/\/accesstomexico.mx\/blog\/?p=1541"},"modified":"2020-02-14T12:48:18","modified_gmt":"2020-02-14T18:48:18","slug":"mexican-regulator-poised-to-referee-dispute-over-who-runs-shared-oil-find","status":"publish","type":"post","link":"https:\/\/accesstomexico.mx\/blog\/mexican-regulator-poised-to-referee-dispute-over-who-runs-shared-oil-find\/","title":{"rendered":"Mexican regulator poised to referee dispute over who runs shared oil find."},"content":{"rendered":"\n<figure class=\"wp-block-gallery columns-1 is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\"><ul class=\"blocks-gallery-grid\"><li class=\"blocks-gallery-item\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"847\" height=\"500\" src=\"https:\/\/accesstomexico.mx\/blog\/wp-content\/uploads\/2020\/02\/ENERGY-ING-2-1.png\" alt=\"\" data-id=\"1542\" data-full-url=\"https:\/\/accesstomexico.mx\/blog\/wp-content\/uploads\/2020\/02\/ENERGY-ING-2-1.png\" data-link=\"https:\/\/accesstomexico.mx\/blog\/?attachment_id=1542\" class=\"wp-image-1542\" srcset=\"https:\/\/accesstomexico.mx\/blog\/wp-content\/uploads\/2020\/02\/ENERGY-ING-2-1.png 847w, https:\/\/accesstomexico.mx\/blog\/wp-content\/uploads\/2020\/02\/ENERGY-ING-2-1-300x177.png 300w, https:\/\/accesstomexico.mx\/blog\/wp-content\/uploads\/2020\/02\/ENERGY-ING-2-1-768x453.png 768w, https:\/\/accesstomexico.mx\/blog\/wp-content\/uploads\/2020\/02\/ENERGY-ING-2-1-700x413.png 700w, https:\/\/accesstomexico.mx\/blog\/wp-content\/uploads\/2020\/02\/ENERGY-ING-2-1-520x307.png 520w, https:\/\/accesstomexico.mx\/blog\/wp-content\/uploads\/2020\/02\/ENERGY-ING-2-1-360x213.png 360w, https:\/\/accesstomexico.mx\/blog\/wp-content\/uploads\/2020\/02\/ENERGY-ING-2-1-250x148.png 250w, https:\/\/accesstomexico.mx\/blog\/wp-content\/uploads\/2020\/02\/ENERGY-ING-2-1-100x59.png 100w\" sizes=\"auto, (max-width: 847px) 100vw, 847px\" \/><\/figure><\/li><\/ul><\/figure>\n\n\n\n<p><a rel=\"noreferrer noopener\" aria-label=\"REUTERS (opens in a new tab)\" href=\"https:\/\/www.reuters.com\/article\/us-mexico-oil-zama\/mexican-regulator-poised-to-referee-dispute-over-who-runs-shared-oil-find-idUSKBN2062Y3\" target=\"_blank\">REUTERS<\/a><\/p>\n\n\n\n<p>The dispute over who will run operations for a major offshore oil discovery in Mexico could eventually come down to the technical opinion of the country\u2019s independent oil regulator, according to one of the body\u2019s commissioners.<\/p>\n\n\n\n<p>Closed-door talks between national oil company Pemex and a private consortium led by U.S.-based Talos Energy (TALO.N) over who will control operations of the so-called Zama project in the southern Gulf of Mexico have recently slowed, according to the Talos chief executive.<\/p>\n\n\n\n<p>If they deadlock, the National Hydrocarbons Commission or CNH would be called upon to provide the country\u2019s energy ministry with a legally binding technical assessment that would determine the project\u2019s operator, Commissioner Sergio Pimentel said in an interview.<\/p>\n\n\n\n<p>\u201cThe energy ministry has to take as a baseline the technical aspects that the regulator provides it,\u201d said Pimentel, a lawyer. \u201cLegally, it can\u2019t go in a different direction.\u201d<\/p>\n\n\n\n<p>Both Pemex and Talos have publicly expressed a desire to operate Zama.<\/p>\n\n\n\n<p>The struggle over who will run operations for Zama, as well as which side holds most of the nearly 700 million barrels it is believed to contain, marks a major test case for the government of President Andres Manuel Lopez Obrador, who has repeatedly pledged to boost Pemex and downplayed the role of private oil companies.<\/p>\n\n\n\n<p>Pimentel added that \u201cideally\u201d Pemex and Talos will together reach an agreement, and then present a joint development plan.<\/p>\n\n\n\n<p>Earlier this month, commissioners were briefed on Pemex\u2019s exploration plans for its adjacent block to Zama, after the regulator requested the briefing, but Pimentel said the meeting was confidential.<\/p>\n\n\n\n<p>Last year, Pemex sought and received authorization to drill its Asab well near the border between the two blocks, but it more recently said it would drill a different well called Niquita, within its block but further to the east and potentially associated with a separate prospect.<\/p>\n\n\n\n<p>In its latest plan, Pemex also put Asab in a more speculative drilling scenario, and Pimentel said the state-run firm will eventually need to seek fresh authorization to drill Asab.<\/p>\n\n\n\n<p>The Talos-led consortium has already notified the government that it believes Zama extends into Pemex\u2019s next-door block, but Pemex has not done the same and it remains unclear what steps toward an eventual joint operating agreement for Zama the energy ministry has taken.<\/p>\n\n\n\n<p>The energy ministry did not respond to requests for comment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>REUTERS The dispute over who will run operations for a major offshore oil discovery in Mexico could eventually come down to the technical opinion of the country\u2019s independent oil regulator, according to one of the body\u2019s commissioners. Closed-door talks between [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1541","post","type-post","status-publish","format-standard","hentry","category-uncategorized","clearfix"],"_links":{"self":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts\/1541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/comments?post=1541"}],"version-history":[{"count":1,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts\/1541\/revisions"}],"predecessor-version":[{"id":1543,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts\/1541\/revisions\/1543"}],"wp:attachment":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/media?parent=1541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/categories?post=1541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/tags?post=1541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}