Mexico Oil & Gas Review 2018

Page 52

VIEW FROM THE TOP

NORTHERN MEXICO’S HYDROCARBONS BET FRANCISCO GARCÍA CABEZA DE VACA Governor of the State of Tamaulipas 48

Q: How would you describe Tamaulipas’ position in the oil

our education centers. Third, we should create and

and gas industry?

consolidate a competitive local supply chain to support

A: Tamaulipas is undoubtedly a strategic state for

operators in meeting their local content requirements.

Mexico’s hydrocarbons industry. One of every four blocks

Finally, we need to generate investor confidence. It is

operating in Mexico is located in Tamaulipas basins and

important to highlight that preparing for the challenges

the state leads the way in prospective conventional

of the reform’s application has been a strategy for

resources with 13 billion boe, which represents 26 percent

Tamaulipas since Day One, as we are confident that this

of the country’s entire crude capacity. Tamaulipas also

industry represents tangible benefits for our society.

has a privileged geography for natural gas in Burgos and Tampico-Misantla, the two largest fields in this category,

Q: What are the competitive advantages that make

containing 27 percent of Mexico’s unconventional

Tamaulipas a strategic and stable entity for investment?

resources, 28 percent of oil and 25 percent of shale gas.

A: As business leaders expressed in a survey conducted

Therefore, it is no surprise that 34 percent of the areas

by the Mexican Institute for Competitiveness (IMCO),

included in the Ministry of Energy’s Five-Year Licensing

Tamaulipas is a state with an unbeatable location. We

Plan are related to Tamaulipas. The state is a strategic

share a 370km border with Texas, we have 17 border

point for the national oil and gas industry and in parallel,

crossing points, five international airports, a refinery, three

the industry is key to the state’s development. That is

ports, natural gas processing plants, 45 industrial parks

why this administration is committed to taking concrete

and a significant pipeline network. We have competitive

actions to consolidate and strengthen the positive

advantages that make Tamaulipas a strategic state and

development of the hydrocarbons industry in Tamaulipas.

an economically sustainable destination for investments. Moreover, we have a strong supply of human capital,

Q: What is being done to prepare for peak oil and gas

market structures, specializations, territorial space control,

activity, given the state’s extensive hydrocarbons resources?

easy access to raw materials and developed transport and

A: The federal and state levels should fully commit

telecoms infrastructure. Tamaulipas has made the most

themselves to capitalizing on the benefits of the Energy

of these assets to stand as a favorable environment for

Reform. In the particular case of Tamaulipas, we have

investment and it is the No. 1 state in capacity creation

committed a large pool of financial resources to boosting

for the diversification of export products that go beyond

the industry through measures such as creating a public

oil and gas.

structure focused on the hydrocarbons industry’s needs and its fast pace. To that end, we developed the Integral

Q: How are you maintaining high security and environmental

Strategy for the Energy Industry’s Development, which

standards related to unconventional resources?

includes four guidelines for the state’s government. First,

A: This administration has been in constant communication

public infrastructure should be prioritized to serve the

with the federal entities in charge of the energy policy

industry’s activities, particularly the Port of Tamaulipas,

and it has actively participated in a series of forums and

which will have an offshore terminal. Second, investment

information meetings to understand what operators

in human talent is required, as is the modernization of

need. The Energy Reform established the need for the close interaction between ASEA with CONAGUA for both institutions to establish a normative framework for the

Francisco García previously was a federal representative for

development of E&P activities. The resulting framework

Reynosa, where he would later become municipal president.

is based on best international practices, mainly those

In 2012, he was elected to the Senate, representing the state

adopted in Texas, where E&P in unconventional resources

of Tamaulipas. He was elected Governor of Tamaulipas in 2016

is a common and successful practice.


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KEEPING PIPELINES GOING FOR THE LONG TERM

1min
pages 318-319

DIVERSIFICATION THE KEY TO SUCCESS

1min
page 317

COMPRESSION AND COGENERATION TO MEET RISING DEMAND

1min
page 316

PROVIDING MEXICO’S GAS SECURITY

1min
pages 314-315

ADVANCED TECH AT CENTER OF CUSTOMER-FOCUSED VISION

1min
page 293

FULLSTREAM ACTIVITIES IN A FULLY OPEN COUNTRY

1min
pages 290-291

KEEPING THE WELLS FLOWING

1min
page 261

SHALLOW-WATER ACTIVITY TO PICK UP PACE NEAR TERM

1min
page 208

AFTER A STRONG HIT, AN OPERATOR ON THE RISE

1min
page 178

PICKING UP THE DEEPWATER THREAD

1min
page 203

A VARIETY OF SOLUTIONS, ONE INTEGRAL OFFER

1min
pages 174-175

SPREADING THE POWER OF DATA TO THE OIL AND GAS INDUSTRY

1min
page 145

COMPLEXITY IS A MARKET OPPORTUNITY FOR THE PREPARED

1min
page 144

PIONEERING SCHEMES OPEN DATA TO PRIVATE COMPANIES

1min
pages 138-139

AN EXPERIENCED PLAYER SEEKS MATURE OPPORTUNITIES

1min
pages 126-127

WORK STILL NEEDED TO KNOW STATE OF INHERITED FIELDS

1min
page 122

TAKING THE LEAD: THE ZAMA DISCOVERY

1min
page 116

RESTRUCTURING FOR OPTIMUM PERFORMACE

1min
page 115

WORKING WITH GIANTS

1min
pages 106-107

PLAYING A POSITIVE SUM GAME

1min
pages 106-107

TEN YEARS CREATING VALUE

1min
page 80

SOLVING A DICHOTOMY, ON BOTH SIDES

1min
page 79

REVIVING A SOUTHEAST GIANT

1min
page 62

NORTHERN MEXICO’S HYDROCARBONS BET

1min
page 52

KEY GOALS: GENERATE EFFICIENCIES, MAINTAIN COMPETITIVE COSTS

1min
page 104

A YEAR RICH IN DISCOVERIES

1min
page 28

TIME TO PLACE YOUR BETS ON MEXICO

1min
page 19

ENERGY REFORM DEMANDS BEST INTERNATIONAL PRACTICES

1min
page 18

NO NEED TO FEAR FUTURE OF LICENSING ROUNDS

1min
pages 20-21

UNDILUTED ACCOUNTABILITY FOR A HEALTHY INDUSTRY

1min
page 22
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