The Ministry of Energy in Mexico has estimated a $100 billion in investment is needed over the next 10 years to develop Mexican shale resources.
The prolific Eagle Ford shale formation in Texas extends south across the border into Mexico's Burgos Basin and accounts for two-thirds of Mexico's shale gas resources, which are estimated to reach approximately 600 trillion cubic feet of recoverable shale gas and ranks 6th largest in the world.
Mexico is also estimated to have 13 billion barrels of recoverable shale oil resources and ranks 8th largest in the world. With the development of Eagle Ford in Texas and the ongoing energy reform, many believe that Mexico could replicate the success.
The Mexico Shale Summit is a two day oil and gas event in San Antonio, Texas on February 17 and 18, 2015 that will bring together internationally recognized industry speakers, investors, government officials, and C level executives from the energy, infrastructure, and transportation industries. The geographic scope for the event will cover Mexico as a region with a strong focus on the opportunities associated with Northern Mexico, Gulf Coast onshore and midstream infrastructure. Gain extremely valuable industry insight as well as develop strategic relationships necessary to increase your probabilities of success in this new and historic market opportunity.
Simultaneous translation will be provided.