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Mexico’s Burgos Basin
Success Factors
What will it
take to be a successful operator in the Burgos Basin, under the
Multiple
Services Contracts (MSC)
format?
Experience |
The companies best
qualified to benefit from these contracts will be those who excel at
both finding and exploiting tight, highly faulted, lower productivity
gas reservoirs |
Cost Control |
Cost
management will be one of the operator’s strengths, both in capital
programs and ongoing operations activities |
Technical Skills |
Focused
management of continuing drilling operations will be
necessary, as many follow-on wells will be required to replace the
high decline rate production from the previous wells.
|
Supplier Arrangements |
The
successful operator will have close and probably unique arrangements
with its service and material suppliers. Many of these arrangements
will be confirmed prior to a bid being submitted |
Cultural
Fit |
Foreign
companies, entering Mexico for the first time, will be sensitive to
and accommodating of local customs and culture |
For
further information on how Forward Energy’s services in Mexico’s Burgos
Basin, see our services description.
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