Schedule for the 4th Cycle of the Open Acreage of Production Sharing
The schedule established for the 4th Cycle of the OPP, reproduced below, was published in the Federal Official Gazette on May 22, 2026. The Bidding Round Special Commission may modify or suspend it, provided that due notice is given and the deadlines and rights of the bidders are preserved.
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Event
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Dates
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Opening of the 4th Cycle of the Open Acreage of Production Sharing |
05/22/2026 |
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Deadline for new applications and for registered bidders to update their application documents, if necessary |
06/05/2026 |
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Disclosure of the list of registered bidders eligible to participate in the 4th Cycle of the Open Acreage of Production Sharing |
06/26/2026 |
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Deadline for submitting declarations of interest on blocks accompanied by bid guarantees for the blocks listed in Annex I of the Tender Protocol |
07/21/2026 |
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Disclosure of blocks on offer in the 4th Cycle of the Open Acreage of Production Sharing |
08/06/2026 |
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Deadline for submitting declarations of interest accompanied by bid guarantees for the blocks on offer in the 4th Cycle of the Open Acreage of Production Sharing |
08/31/2026 |
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Deadline for submitting bid guarantees unaccompanied by a declaration of interest for the blocks on offer in the 4th Cycle of the Open Acreage of Production Sharing |
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Public bidding session |
10/07/2026 |
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Deadline for submission of qualification documents by winning bidders from the public session |
10/14/2026 |
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Awarding of the objects and approval of the bidding results |
By 11/18/2026 |
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Deadline for payment of signature bonus and submission of proof of payment |
12/30/2026 |
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Deadline for submitting the documents required for: (i) signing the production sharing agreements; and (ii) the qualification for the affiliate designated to sign the contract, if applicable |
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Signing of Production Sharing Agreements |
By 02/26/ 2027 |