South Texas is geologically and geographically contiguous with the Burgos Basin in northeastern Mexico and, because of its maturity of hydrocarbon exploration and development, offers a unique opportunity for providing insight into the future potential of the Burgos Basin. In the simplest comparison, significantly more wells had been drilled in Texas than in the Burgos basin through late 2002, with over 83,000 wells in RRD4, some 28 times more than the 2,900 wells drilled in the Burgos basin. Similarly, there were 9,299 producing wells in RRD4 at the time, compared with 800 in the Burgos basin.

Although the Burgos Basin is often perceived as an extension of South Texas, there is a great diversity of fault styles, structures and associated tectonic events. Structural features across the Burgos Basin are not uniform, but complex. Interpretation of 2D and 3D seismic data, on both regional and field development scales, has revealed faults and structures that result not only from extensional forces, but also from compressional or transverse forces. This presentation will give an overview of many of the structural styles observed in the Burgos Basin. A common perception that structuring in Burgos is similar to South Texas may limit a more complete understanding of the basin’s true potential. In addition, structural trends that extend to the Rio Grand River, may easily cross the river into the United States.

In addition to the above, an update of developments in the oil and gas sector of Mexico will be presented.

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