Operations are gearing up south of the boarder in the Eagle Ford.
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Not much going on yet.
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Pemex seeking partners for Eagle Ford and deep-water work
http://fuelfix.com/blog/2014/05/06/pemex-seeking-partners-for-eagle-ford-and-deep-water-work/
Hernandez-Garcia said Pemex has only recently started drilling a few unconventional wells but needs the participation of partners to be competitive. He added that Pemex doesn’t have the level of technical expertise to succeed on its own in those areas.
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Mexico’s Subsurface Presents New E&P Opportunities
http://theeaglefordshale.com/tag/pemex/
An assessed 60 billion boe of shale oil and gas resources lie in four areas: the extension of the S. Texas Eagle Ford trend into northern Mexico and the Upper Jurassic organic-rich shales in the Sabinas basin, the western margin of the Burgos basin, and in the Tampico basin. Pemex has been carefully testing the potential of these areas with pilot wells but so far have been unable to demonstrate viable economics.
As the company lacks the required expertise, these plays will probably be licensed out. The problem for newcomers will be to locate the sweet spots for hydrocarbon liquids, avoiding the gassy and less prolific areas, in order to apply their technological experience profitably.
that’s three or four maybe five years away.