Who we are
Expanding Mexico’s Energy Horizons

With experience
in the Permian Basin.
Mexico Petroleum Company
MPC a Delaware corporation, is an oil and gas exploration and production company that owns 100% of NM Petroleum Company, S.R.L. de C.V., a fully incorporated Mexican company. With a legacy rooted in the successful operations of the Permian and Delaware basins of West Texas and Southeastern New Mexico, MPC’s executive team has been a cornerstone of Mexico’s energy sector since the late 1980s.
MPC is the only EPC company in Mexico
that blends state-of-the-art US oil and gas exploration and production operations with deep in-country knowledge, making it an unmatched force in the country’s energy landscape.
Led by President & CEO William Waggoner, the chief architect and negotiator of the landmark U.S.-Mexico transboundary hydrocarbon treaty, MPC boasts a team of seasoned industry experts with decades of experience in Mexico’s oil and gas sector. Among them, Chief Geological Officer Alfredo E. Guzmán, former Vice-President of PEMEX North Region, is a recognized authority on Mexico’s onshore reserves. Alongside him, our team includes veteran engineers, geologists, and operational leaders who have played key roles in major exploration and production projects across the country.
Our Vision
At Mexico Petroleum Company (MPC), we aim to be a leading force in Mexico’s oil and gas sector, leveraging decades of experience and the best U.S. exploration and production technologies.
By 2030, we aim to be operating at least three onshore oil and gas fields in Mexico, driving innovation, sustainability, and long-term value creation.
Our Mission
At Mexico Petroleum Company (MPC), our mission is to leverage world-class expertise from the Permian Basin and Latin America to responsibly and sustainably explore, develop, and produce Mexico’s oil and gas resources using industry best practices.
Our strength lies in assembling a world-class team of the most experienced and successful oil and gas professionals from the Permian Basin and Latin America.
William Waggoner
President & CEO
Introducing Our Exceptional Team
At Mexico Petroleum Company, we take pride in bringing together an exceptional team of seasoned oil and gas professionals from the Permian Basin and Latin America. With a commitment to excellence, we apply best practices across exploration, drilling, completions, facilities, production, and operations to responsibly develop and produce Mexican oil and gas assets.
Our Values
At Mexico Petroleum Company, we pride ourselves on conducting our business and operations with transparency, integrity, and a focus on building long-term, mutually beneficial relationships with our stakeholders:

We uphold integrity, transparency, and unwavering commitment to our word in every aspect of our business.
- We implement industry-leading operational best practices from Mexico and the Permian Basin, ensuring efficiency and reliability.
- Our decisions are always based on sound economics, incorporating the quantification of safety and environmental protection as fundamental factors.
- We integrate the highest safety and environmental standards from the Permian Basin, aligning them with Mexico’s oil and gas culture.
- We respect and protect the environment, ensuring long-term sustainability and social responsibility in our operations.
- We leverage advanced technologies and best practices from the Permian and Delaware Basins, applying them in Mexico to achieve optimal economic outcomes.
- We foster a culture of continuous improvement, adaptability, and innovation to stay ahead in a dynamic industry.
- We build constructive, long-term relationships with stakeholders, ensuring mutual growth and shared success.
- We promote inclusive teamwork with our clients, partners, and employees, driving collaborative
Leading the Future of Oil & Gas Exploration in Mexico.
William Waggoner
President & CEO