Is The Next Shale Boom About To Unfold In Mexico?

09/26/16 OilPrice.Com

stock-footage-montage-of-clean-energy-fossil-fuel-pollutionMexico could auction off shale acreage as soon as the second quarter of next year.

Mexico’s energy secretary said last week at Rice University that the government could begin shale auctions at some point after March 2017, another step forward in the country’s historic opening up of its energy sector. Mexico is sitting on what many think are vast shale oil and gas resources in the north, which are thought to be extensions of the Eagle Ford shale in South Texas.


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