here - Omniba Energy

Omniba Energy Mexico, S.A.P.I. de C.V.
January 2015
1. Mexico s opening of E&P activities to private companies
2. Omniba Energy Mexico, S.A.P.I. de C.V.
3. Requirements for the first round of tenders for E&P contracts
4. Key dates
2
1. Mexico s opening of E&P activities to private companies
2. Omniba Energy Mexico, S.A.P.I. de C.V.
3. Requirements for the first round of tenders for E&P contracts
4. Key dates
3
Private companies in E&P
On December 20, 2013, Congress passed an energy reform that put an end to
75 years of state monopoly in oil and gas exploration and production.
The purpose is to attract investments, knowledge, technology and experience to
increase reserves and production.
Mexico has large resources and
reserves (billion barrels o.e.)
Area
Prospective
resources
Reserves
Prod
1P
2P
3P
Development
and production
projects
Conv
Non
Conv
Exploration
projects
4
Round Zero
Sufficient volumes and assignments were granted
to Pemex on August 13, 2014 to maintain present
production levels.
Production
2P reserves
3P reserves
Exploration
Prospective
Resources
71%
29%
Type
Volume granted
(mmboe)
Area Granted
(Km2)
Reserves/Production
(Years)
Reserves 2p
20,589
17,010
15.5
Prospective resources
22,126
72,897
5.0
Conventional
18,222
64.489
Non-Conventional
3,904
8,408
With these volumes Pemex should be able to produce 2.5 mmbd during 20.5 years
5
Pemex’s contracts and joint ventures
Pemex will adopt new contract models and joint ventures in its assignments:
1. Older CIEP* and COPF* contracts will migrate into new contractual schemes.
2. Some acreage will be put out for tender (Farm Outs offered on stages)
Stage
Area
Km2
1.a. Migration
First
(11 contracts)
11,440
1.b. Migration
Second
(11 contracts)
8,626
Type
First
2.a. Farm Outs (“high priority”)
TOTAL
2P reserves
mmboe
612
20,678
3P reserves
mmboe
Investment
mm US$
569
1,083
11,380
1,639
3,439
32,780
1,556
2,664
32,295
3,764
7,186
76,455
6
* CIEP: Integral E&P contracts; COPF: Financed Public Works Contracts
The First Round of tenders for contracts
On August 13, 2014 the government announced the first round of contracts. This round will tender:
1.
“High priority” ventures with Pemex.
2.
E&P areas not granted to Pemex.
The duration of the production-sharing contracts is 25 years, with the possibility of two five-year
extensions. The exploration phase will take three years, with potentially two one-year extensions.
The contracts will be in Spanish, under Mexican Law.
The bidding will require work commitments.
The Law requires that the content of Mexican goods and services in E&P projects increases from
19% in 2014 to 35% in 2025.
Type
Volume
Blocks
Km2
(mmboe)
(Prospective
resources)
Production (2P reserves)
Exploration
Pemex joint
2P reserves
ventures
2P reserves
TOTAL
Area
Investments
Annual
in 4 years
investment
(mm US$)
(mm US$)
14,606
109
25,903
19,000
4,750
3,782
60
14
2,597
NA
15,100
16,400
3,775
4,100
50,500
12,265
1,157
2,664
7
Round one areas
Data sets will be available in data rooms at a cost of
approximately US$365,000.
Bidding variables will include the percentages of
government profit share and royalties.
The final contract will include the minimum profit split.
Bonuses will not be a bidding variable.
The government will audit the incurred costs.
Area
Type
Volume
(mmbpce)
Blocks /
Fields
Deep water (Perdido Area)
Prospective Resource
1,591
11
Deep water south
Prospective Resource
3,222
17
Chicontepec and
non-conventionals
2P Reserves
Prospective Resources
2,678
8,927
28
62
Land, shallow water and
extra heavy crudes
2P Reserves
Prospective Resources
1,104
724
32
11
Non conventional
Prospective Resources
142
8
8
1. Mexico s opening of E&P activities to private companies
2. Omniba Energy Mexico, S.A.P.I. de C.V.
3. Requirements for the first round of tenders for E&P contracts
4. Key dates
9
Omniba Energy Mexico, S.A.P.I. de C.V.
Omniba Energy Mexico, SAPI de CV is a consortium created to participate in the
tendering rounds for oil and gas E&P contracts and farm outs.
The partners are large companies with investments in Mexico.
The main experience in oil and gas E&P is represented by the company Grupo
Industrial Maya, S.A. de C.V. which since 2007 has provided wide-ranging
engineering and construction services to PEMEX E&P.
Omniba Energy Mexico, S.A.P.I. de C.V.
David Alí
C.E.O.
Víctor
Elizalde
G.C.O.
Hermann
Merino
C.C.O.
Amado
Manzur
C.F.O.
Francisco
Córdova
C.O.O.
Arturo
Pérez
T.D.
10
Omniba Energy Mexico, S.A.P.I. de C.V.
David Alí
C.E.O.
Francisco
Córdova
C.O.O.
Hermann
Merino
C.C.O.
A
B
C
A
Director General of Grupo Industrial Maya, S.A. de C.V.
C
A
B
C
11
Omniba Energy Mexico, S.A.P.I. de C.V.
Arturo
Pérez
T.D.
Geophysical engineer from UNAM and MBA from Phoenix
25 years of experience in leading positions around the country in
Pemex, in areas related to seismic data, processing and interpretation
Six years as independent consultant and university lecturer.
Head of technology development and geosciences in Pemex
Former president of the Mexican Association of Exploration
Geophysicists
Víctor
Elizalde
Law degrees from UNAM, Universidad Panamericana and ITAM
25 years of experience in energy, finances, labor, negotiations and
government relations
Six years in Pemex and eight years at the Energy Regulatory
Commission
Amado
Manzur
A
B
C
G.C.O.
C.F.O.
12
Grupo Industrial Maya, S.A. de C.V.
GIMSA is a supplier of products,
services, engineering, management
and construction for Pemex E&P
since 2007.
Main activities:
Basic and detail engineering,
project management and
supervision, soil mechanics,
water drilling, injection and
treatment, environmental
protection and risk
assessment, information
technologies, safety,
communications, waste
management, oil and gas
extraction.
Engineering solutions:
Processes, structures,
hydraulics, cementing,
geotechnical applications,
tridimensional design,
pipelines, electrical
installations.
GIMSA
Wide knowledge of E&P projects, geology, installations and developments in Mexico
Offices and installations in Tabasco
Credit lines for $4,000 million pesos with major banks in Mexico
Certified company in quality assurance and control
Recent works:
Technical and administrative assistance for project supervision and infrastructure in well
interventions and services to Pemex E&P.
Administrative support, services and technical assistance to Pemex E&P management team
in the southern region.
Technical support to Pemex E&P southern region for monitoring and procurement processes
of drilling equipment, materials and services.
Comprehensive technical support for the optimization of infrastructure facilities operating in
the oil and gas production process in Litoral de Tabasco.
Recruitment of personnel for the optimization and control of specialized IT.
14
GIMSA
Cooperation agreements
15
1. Mexico s opening of E&P activities to private companies
2. Omniba Energy Mexico, S.A.P.I. de C.V.
3. Requirements for the first round of tenders for E&P contracts
4. Key dates
16
Qualification criteria
Operators have been required to fulfill the following criteria to
participate in the exploratory shallow-water opportunities.
Technical requirements:
–
–
–
The company must have operated three upstream projects between 2010 and
2014 or have invested US$1 billion in upstream projects.
The company must have operated one offshore project in the last five years or
have been a partner in two offshore projects.
The operator must employ experienced personnel and meet international HSE
standards.
Financial requirements:
–
–
–
Have US$1 billion in shareholder equity (US$600 million if part of a consortium).
Have assets worth US$10 billion
Have investment grade debt.
17
Qualification criteria
Deepwater operators must fulfill all technical, financial and
operational requirements on their own.
Consortia for other blocks can fulfill the requirements across all their
members.
Other considerations:
In case of a consortium, the operator must hold at least a third of the
shares in the project.
Companies cannot be part of more than one consortium.
Companies or consortiums cannot bid for more than five blocks.
Companies that produce more than 1.6 million boe cannot form
consortia among them.
18
1. Mexico s opening of E&P activities to private companies
2. Omniba Energy
3. Requisites for the first round of tenders for E&P contracts
4. Key dates
19
Schedule for tenders and Farm Outs
20
Assumed schedule for the coming
announcement of blocks in shallow waters
Nr of days
Month
Thursdays
EVENTS
Call for tenders
Publication of updated tender documents and contracts
Publication of final tender documents and contracts
DATA ROOM
Application for access and payment
Access to data room
Q&A TENDERS AND CONTRACTS
First stage
Second stage (pre-qualification)
Reception of questions
Publication of answers
Third stage (pre-qualification)
Reception of questions
Publication of answers
PRE-QUALIFICATION
Subscription payment and date
Receptiion of pre-qualification documents
Review of pre-qualification committee
Publicaton of pre-qualified participants
OTHER DEADLINES
Final date to apply for authorization to change partners
Final date to apply for changes in the structure of applicants
Final date to answer applications
Presentation and opening of proposals
CNH decision
Final date to sign the contract
1
8
15
22
29
36
43
50
57
64
March
71
78 85
92
99
106 113 120 127 134 141 148 155 162 169 176
January
February
15 22 29
5 12 19 26 5 12 19 26 2 9 16 23 30
April
May
June
183 190 197
July
7 14 21 28 4 11 18 25
2
204
211 218 225 232
August
9 16 23 30
6 13 20 27
239
246
253
Sept
3
7 14 21
X
x
x
x
x
x
x
x
x
x
21