Overview

• Seven oil fields and three gas fields were selected from 17 initial opportunities to begin output this year.
• Contracts were chosen based on certified reserves, absence of 2025 budget allocations and feasibility for early production impact.
• Signature bonuses total $8.06 billion, led by a $5 billion requirement at the Ixachi field and $1.475 billion at Bakte.
• Nine private firms, including Harbour Energy, Sinopec, Cheiron and Grupo Carso, have expressed interest in six assignments.
• These deals represent the first major opening of Pemex to private capital since 1938, enabled by the 2024 constitutional energy reform.