EVENT: Mexico's round one executive and technical sessions on areas and fields that will be tendered in 2015 for private companies to participate in hydrocarbon exploration and extraction projects, hosted by The University of Texas at Austin Jackson School of Geosciences and the Greater Houston Partnership.
WHEN: 2 to 5:30 p.m., Monday, Oct. 20.
WHERE: Four Seasons Ballroom (3rd Floor), Four Seasons Hotel Houston, 1300 Lamar St., Houston.
WHO MAY ATTEND: Registered members of the media are invited to attend the executive session from 2 to 3:30 p.m. in the third floor ballroom. Media may not attend the technical session.
NOTE TO EDITORS: Members of the media are invited to a press briefing from 1 to 1:30 p.m. in the Conroe Room on the second floor.
TO REGISTER: There are 25 spots reserved for members of the media. To register, please go to https://mexico-round-one.eventbrite.com
BACKGROUND: Mexico's historic decision to deregulate the nation's oil and gas industry will allow private companies to undertake projects in Mexico.
The University of Texas at Austin and the Greater Houston Partnership will be hosting Mexico's round one executive and technical presentations on oil and gas areas and fields that will be tendered to private companies in 2015.
The round one tender will offer 169 exploration and production blocks and cover a total of 28,500 square kilometers with a potential of more than 18 billion barrels of oil equivalent in cumulative prospective resources, and proven and probable reserves.
Round one will offer foreign and private oil companies the rights to bid on acreage in the Perdido and south Gulf of Mexico deep water areas, onshore Chicontepec Basin, unconventional fields, shallow water and heavy oil fields.