Overview
- The service-and-financing deal covers drilling and completion of up to 32 wells over three years at Veracruz’s Ixachi field by Carso subsidiaries GSM Bronco and MX DLTA NRG 1.
- Pemex will pay in 21 monthly installments per delivered well starting January 2027, with funds sourced from the field’s commercial hydrocarbons.
- Carso projects at least 12 wells will be in production by the time the first payment is due in January 2027.
- Ixachi currently produces about 93,000 barrels of oil and 715 million cubic feet of gas per day, roughly 236,000 barrels of oil equivalent, with 28 wells drilled to an average depth of 7,650 meters.
- Grupo Carso noted substantial unpaid receivables from earlier Pemex contracts, and observers expect further private agreements under the Sheinbaum administration’s strategy.