The Future of Mexico’s Oil and Gas Industry

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November 15, 2016
St. Regis Mexico City Hotel
Senior Executive Conference and Wine Tasting Event

In partnership with:
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The future of oil and natural gas production in Mexico is of importance for both its economic growth, as well as for U.S. energy security, and ultimately influencing the global oil and gas landscape.

Join top industry commentators, suppliers and key influencers in the market to discuss the opportunity Mexico has at the Future of Mexico’s Oil and Gas Industry Executive Conference.

Introduction
Mexico is a top trade partner and the third-largest crude oil supplier to the United States. Mexico’s state oil company, Petroleos Mexicanos (Pemex) remains an important source of government revenue even as it is struggling to counter declining oil production and reserves.

Due to an inability to meet rising demand, Mexico has also significantly increased natural gas imports from the United States.

Gas shortages have therefore hindered the country’s economic performance. On December 20, 2013, Mexican President Enrique Peña Nieto signed historic constitutional reforms related to Mexico’s energy sector aimed at reversing oil and gas production declines. On August 11, 2014, secondary laws to implement those reforms officially opened Mexico’s oil, natural gas, and power sectors to private investment.

As a result, Pemex can now partner with international companies that have the experience and capital required for exploring Mexico’s vast deep water and shale resources.

The energy reforms transform Pemex into a “productive state enterprise” with more autonomy and a lower tax burden than before, but make it subject to competition with private investors.

Conference Agenda - Tuesday, November 15, 2016

9 – 9:10 a.m. Opening remarks
9:10 – 9:45 a.m. Benigna Leiss, General Director, Chevron Energía de México– Overview of the implementation of the Mexican energy model 
This keynote address highlights the opportunity Mexico has and how organisations need to trade in the new environment.
9:45 – 10:45 a.m.

Panel discussion – The economic perspective, foreign companies operating in Mexico 
Facilitated by Mike Martinez, Wood Group Mustang

  • Michael Ross, VP, Kiewit
  • Michael Moss, Vice President, Rangeland
  • Lawrence Young, Managing Director, AlixPartners
  • Baltasar Cavazos, Exc VP EOG S.A. de C.V. 

This discussion focuses on how foreign organisations have adapted to operating under the new regulatory framework within the Mexican market and what learnings can be taken from their experience.

10:45 – 11 a.m. Networking break

11 a.m. – 11:40 a.m.



11:40 a.m. - 12 p.m.


Executive Presentation – A view of the reform from an operator’s perspective 
Facilitated by Pamela Gerrans, Lloyd's Register

  • Sergio Aceves, CEO, Diavaz Services  

Overview of Mexican Labor Laws

  • Humberto Cavazos, President, Cavazos-Flores Law Firm 

With the opening up of the Mexican market, companies are having to alter their business practices to remain strong. Learn how Grupo Diavez is building one of the strongest energy engineering and construction firms in Mexico.

12 – 1 p.m.

Technical panel – Optimising oil production 

  • Read Taylor, Upstream Executive VP, Sierra
  • Luis Zagalia, CEO, Diavaz E&P
  • Colin Clarke, Lloyd’s Register

With below average recovery rates and fast reservoir depletion, substantial effort needs to be put into securing Mexican oil supplies for decades to come. That requires research, planning and investment to optimise productions over the lifetime of reservoirs and crucially, widespread application of bespoke enhanced oil recovery techniques to address production and efficiency.

Lunch and Wine Tasting

1 – 3:30 p.m. After the conference, stay and network with industry executives. This adventurous tasting focuses on delicious wines crafted in the Mexico. Discover some new and much touted appellations within Mexico and find out why the world is now looking to the southern hemisphere for more than just value wines.
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