Mexico’s shale-rich Burgos Basin opens to private investment for the first time">Mexico’s shale-rich Burgos Basin opens to private investment for the first time

(Tue, 22 Aug 2017) In July 2017, Mexico’s national energy ministry (SENER) opened the onshore portion of the Burgos Basin, a shale-rich basin in northeastern Mexico, for natural gas exploration and development by private companies. This is the first time non-state entities were offered access to the Burgos Basin for development since the creation of the national oil company Petróleos Mexicanos (PEMEX) in 1938.

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