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Exhibit 10.5
DEGOLYERAND MACNAUGHTON
5001 SPRING VALLEY ROAD
SUITE 800 EAST
DALLAS, TEXAS 75244
May 10, 2021
Ing. Octavio Romero Oropeza
Director General
Petróleos Mexicanos
Avenida Marina Nacional No. 329
Torre Ejecutiva, Piso 44
Colonia Verónica Anzures
Alcaldía Miguel Hidalgo
11300 Ciudad de México, México
Dear Ing. Octavio Romero Oropeza:
We hereby consent to the references to DeGolyer and MacNaughton as set forth under the headings “Presentation of Information Concerning Reserves,” “Item 4. Information on the Company – Business Overview – Exploration and Production –Reserves,” and “Item 19. Exhibits. Documents filed as exhibits to this Form 20-F” in the Annual Report on Form 20-F of Petróleos Mexicanos (PEMEX) for the year ended December 31, 2020 (the Form 20-F), and to the filing as Exhibit 10.6 to the Form 20-F of our report of third party dated April 14, 2021, describing our independent reserves evaluation of the estimated net proved oil, condensate, gas, and oil equivalent reserves that PEMEX has represented are owned by the United Mexican States (México) as of January 1, 2021, for certain fields located in Activo Integral de Producción Bloque AS02-03 (Abkatún-Pol-Chuc), AS02-04 (Litoral de Tabasco), and N02 (Poza Rica-Altamira), which include reserves that PEMEX has represented it has the right to extract and sell. These estimates were prepared in accordance with the reserves definitions of Rules 4–10(a) (1)–(32) of Regulation S–X of the United States Securities and Exchange Commission.
Very truly yours, |
DeGOLYER and MacNAUGHTON |
Texas Registered Engineering Firm F-716 |