You are Home   »   Events   »   Finding Oil & Gas in Mexico Agenda

Finding Oil & Gas in Mexico

What are the opportunities for exploration and production in Mexico?
Read Taylor
» Group CEO
» Bear Energy LLC
David Sagi
» Structural Geologist
» Getech

Full Agenda

Thursday, September 17, 2015
The Geological Society

Download the event report

Mexico is an exciting country in world exploration and production at the moment, following Mexico making changes to its law last year allowing private investment in its oil fields, ending a 76 year monopoly given to PEMEX and allowing IOCs - Majors, Independents, Start-ups - to become involved.

If you click on this link to Sierra Oil & Gas, you will see the range of opportunities nicely illustrated.

These opportunities are what we would like to hear about: please contact me if you/your company would like to make a presentation. And Richard Mcintyre if you are interested in the sponsorship/exhibiting opportunities we offer.
David Bamford


9:30 David Bamford - Director
Finding Petroleum

Welcome & Introduction

Watch Video   

David Bamford is well known around the oil & gas industry both as an explorer and a geophysicist. He holds a Physics degree from the University of Bristol and a Ph.D in Geological Sciences from the University of Birmingham.

Since 2004, he has been a non-executive director at Tullow Oil plc, being recruited for this position especially for his exploration knowledge. He serves on the Nominations and Remuneration Committees, and was chairman of the latter, and Senior Independent Director, for 3 years prior to his retire from the board at the end of April 2014.

He was on the board of Premier Oil from May 2014 to May 2016.

He retired from BP plc in 2003, his last four positions being Chief Geophysicist (1990-1995), Business Unit Leader (General Manager) for first West Africa and then Norway (1995-1999), and finally Head of Exploration until 2003.

He has served on the boards of Paras Ltd, a small exploration and IS/IT consulting company in which he held 22% equity, until its sale to RPS Energy in 2008 and Welltec a/s, a Danish well engineering company, as the nominee of the private equity investor Riverside.

From 2012 to 201 he was on the board of ASX-quoted Australia Oriental Energy as a non-executive director.

He was a founder of Richmond Energy Partners, a small oil & gas research house, and several media companies that focus on the oil & gas sector, and has served as an advisor to Alliance Bernstein, Opus Executive, the Parkmead Group plc, and Kimmeridge Energy LLP. Since retiring from BP, he has undertaken asset and company valuation projects for investment banks, hedge funds and small oil companies.

Finding Petroleum
Finding Petroleum was established to help the oil and gas industry network, and stay up to date on t
9:40 Read Taylor - Group CEO
Bear Energy LLC
Mexico opens - Round 1

View PDF   
Talk Description
Mexico auctioned two of 14 blocks in the pivotal Round One oil and gas tender on 15th July.
Both the shallow water exploration and production contracts were awarded to the same consortium made up of Mexico's Sierra Oil & Gas, U.S. firm Talos Energy and Britain's Premier Oil.
Read B. Taylor, is now the CEO and President of Bear Energy LLC. Bear is a Private Equity backed company focused on offshore producing assets in Brasil.

Read is also Global Exploration Strategy-Advisor to Executive Management Board at Wintershall Dea

Previously Read was Upstream Executive Director and Board Member of Sierra Oil and Gas Mexico. Sierra created a preeminent position in the high potential offshore Sureste Basin having over 2.3MM acres. Sierra in 2017, drilled its first exploration well with the successful, multiple award winning Giant Zama Field discovery with over 1.7 bn bls OOIP. Sierra recently was sold to L1 Wintershall DEA. Zama was the Discovery of Year 2017. The Sale was the Deal of the Year 2018.

Previously Read was Senior EVP and Board Member of a Private Brazilian Energy, Mining and Renewables Group. Prior to that he served as General Manager of Devon Energy Brazil Ltd. Mr.Taylor has worked for energy industry notables UNOCAL and Anadarko in various international field locations in technical and commercial management positions. His background includes Business development, M&A, geophysics-geology, operations and development, gas marketing, and legal negotiations. He has successful experience in over 26 countries including Myanmar, Indonesia, Thailand, China, Brazil, Egypt, Central and East Africa.

Mr. Taylor is Chairman and founder of RICE International Relief a non-profit humanitarian organization dedicated to providing medicines and water purification to those in need around the world. RICE has been involved in global relief projects in Thailand,Myanmar,Kenya, Israel, Haiti, Philippines etc. RICE provides support to medical clinics and homeless shelters in USA including a facility in Corona Ca. with several partnering organizations.

Mr. Taylor has a B.Sc. in International Business from Pepperdine University, a B.Sc. in Geophysics and M.Sc. (Masters) degree in Geology from University of Southern California, USC. Mr. Taylor also hold a Diploma from Harvard Business School in Executive Management 2011.

Bear Energy LLC
Bear is a Private Equity backed company focused on offshore producing assets in Brasil.
10:15 David Sagi - Structural Geologist

The Opening History of the Gulf of Mexico - Testing Plate Models in a Global Context

Watch Video   
Talk Description
There are four main types of plate kinematic models that have been postulated to explain the opening history of the Gulf of Mexico:
1. rotational-translational movement, with a pole of rotation in the south-eastern Gulf of Mexico (e.g. Pindell and Kennan, 2009)
2. rotational translational movement, with a pole of rotation southwest of Mexico (e.g. Hall et al., 1982)
3. Gulf of Mexico opening contemporaneous with and as part of the Central Atlantic (e.g. Klitgord and Schouten, 1986)
4. models that suggest more complex relations with Caribbean subduction and ocean spreading (e.g. Dutch, 2009).
These models require different driving forces and modes of opening for the Gulf of Mexico, and lead to different types of margin formation across the various segments of the Gulf of Mexico.

These differences affect the history, geometry and volume of accommodation space for source rocks, seals and reservoirs, with associated impacts on ocean circulation, source to sink relations and depositional systems. Subsequent deformation phases, such as the Laramide Orogeny across Mexico, can also be represented in each plate model’s global context. Such events have a great influence on fault reactivation and, consequently, on fluid migration and trap formation.

In this talk we present a refined tectonic plate model that details the tectonic evolution of the Gulf of Mexico and highlights the impact of existing models on the development of petroleum systems. Our model is based on the interpretation of gravity and magnetic data offshore, Landsat and SRTM onshore, and public-domain data; these data were used to create a 1:1,000,000 scale structural map and also provided the foundation for building a detailed understanding of the area’s crustal types and crustal architecture. These form the foundations for a regional plate model which is constrained further by placing it into the context of a global plate model to understand the consequences on the greater global plate circuit.

With acknowledgement to Getech’s Peter Webb, Nicola Henshaw, Benjamin Franklin (now at ENI UK Ltd), Samuel Cheyney.
David holds an MSc degree in Geophysics from ELTE, University of Budapest, and a PhD in Structural Geology from Durham University. During his PhD, he studied the 3D architecture of fault zones and how different geometries impact fluid flow.
Since joining Getech in 2012, David has been working on Regional Reports and Commissions in both the South and Equatorial Atlantic, North Africa, Gulf of Mexico area and, currently, Myanmar. His main focus is the interpretation of potential fields (gravity and magnetic) data, complemented with other types of remote sensing data (e.g. SRTM and Landsat).

For over 25 years, we've been using our data and geoscience expertise to help the oil and mining ind
10:50 Coffee & Tea; Exhibits
11:15 Helen Smyth - Geological Consultant
Landmark Exploration Insights

Enhancing Exploration Concepts: A Mexico Case Study

Following a PhD and Postdoc on Indonesian geology with the SE Asia Research Group at Royal Holloway (2001-2006), Helen joined CASP (formerly Cambridge Arctic Shelf Project). At her time at CASP (2007-2013) Helen worked in a variety of Arctic projects, and successfully led research programmes in the Canadian Arctic and Barents Shelf.
Helen joined Neftex in 2014 as part of a team working on an array of short-to-medium term regional-scale geology projects. During 2015 she has worked as a geoscientist on the Gulf of Mexico, with a focus on the Mexican Burgos and Sabinas basins.
Helen’s research interests include sediment provenance, sedimentation in volcanic settings and the regional geology of Indonesia and the Canadian Arctic. Helen is treasurer of the Petroleum Group Committee of the Geological Society of London and has served on the committee since 2010.
Helen has a BSc in Geology from Queens University of Belfast (2001).

Landmark Exploration Insights
Landmark Exploration Insights (formerly Neftex), is a product family within Landmark, a business lin
11:50 Karyna Rodriguez -
Searcher Seismic

Pre-salt play focused exploration strategy in the deep offshore Mexico Campeche-Yucatan basin integrating seismic RTM modeling and oil seep studies from satellite imagery

Petroleum geoscientist with 25 years of multidisciplinary experience in global offshore and onshore exploration inclined projects. She worked in companies like BG and PEMEX gaining diverse experience from regional play and prospect generation and evaluation, to working closely with high level management on their portfolio strategies.

Searcher Seismic
Searcher provides high quality exploration data and leading edge tech to the global exploration indu
12:25 Chris Corona - Director of Latin America

Gigante: the first step to Getting a Comprehensive View of the Gulf of Mexico

Watch Video    View PDF   
TGS is the world's largest geoscience data company, known for its asset-light, multi-client business
13:00 Close: Lunch & Exhibits

Join 10,000 oil & gas professionals who attend our events and receive our newsletter.


New position standards from seismic surveys - and how it helps you make your seismic data work harder
by Jill Lewis from Troika International and Society of Exploration Geophysicists

"The presentations were agreeably linked to each other."


We are planning a further webinars program for 2024 -
If you may have an interesting story to share, please contact
Karl Jeffery on