INP Sector and Exploration Strategy
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INSTITUTO NACIONAL DE PETRÓLEO
TYPES OF CONCESSION CONTRACTS
Reconnaissance Contract
Exclusivity right 2 years to conduct survey studies and drill wells up to 100 meters
Exploration and Production Concession Contract (EPCC)
◆ Exclusive right to conduct petroleum exploration and production as well as a non-exclusive right to
construct and operate oil or gas pipeline systems
◆ The exclusive exploration rights shall not exceed 8 years, and shall be subject to provisions
concerning abandonment. The exclusive right to develop and produce shall not exceed 30 years.
Oil and Gas Pipeline Contract
Grants the right to construct and operate an oil or gas pipeline for the purpose of transporting
hydrocarbons
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