Mexico Offering 169 Blocks

Mexico Offering  169 BlocksMexico Offering  169 Blocks

Mexico will offer a total of 169 blocks between extraction and exploration in its first Round One tender to open up the country's oil fields, estimating resources at 19.945 billion barrels of oil equivalent, Reuters reported. Round One covers areas including the Chicontepec basin and the Perdido area, as well as shallow and deep waters, and sees investment of up to $50.5 billion between 2015 and 2018.