Jaguar

What Jaguar does

Jaguar Exploración y Producción (Jaguar E&P) is a privately-held Mexican onshore oil and gas exploration and production company headquartered in Mexico City and operating as the energy division of Grupo Topaz, a holding company founded in Nuevo León in 2011 by Dionisio Garza Sada. The company emerged following Mexico's 2013-2014 energy reform that ended state-owned Pemex's monopoly, and is among the most successful private participants in Mexico's subsequent oil rounds, winning 11 exploration and production contracts across Rondas Petroleras 2.2 and 2.3. Jaguar operates roughly 18 producing natural gas fields in the Burgos Basin (the southern extension of the Eagle Ford shale formation) plus assets in Tampico-Misantla and Cuencas del Sureste across the states of Tamaulipas, Veracruz, and Tabasco, holding approximately 50% of all onshore acreage awarded to private companies in Mexico and estimated reserves of up to 210 Bcf of natural gas. Its CEO is Warren Levy, and the company employs 101-250 people.

Jaguar's core technology stack combines conventional horizontal drilling and advanced well completion techniques with proprietary geological reevaluation — its Dieciocho de Marzo gas discovery (30-50 MMcfd) and Spinini gas-plus-light-crude discovery (160 MMcf gas + 20-30 MMBbl crude) were both validated through seismic reprocessing. Its most distinctive innovation is Mexico's first privately-owned virtual pipeline (Ducto Virtual), which compresses gas at the wellhead to CNG and distributes via truck to industrial customers and communities lacking pipeline access, earning the 2021 Technological Development of the Year award at the Mexico International Energy Meeting.

The company's revenue model is straightforward commodity production: it sells natural gas (and to a growing extent crude) directly to industrial customers, power generators, and into the national Sistrangas pipeline system, supplemented by CNG truck deliveries through the virtual pipeline channel. Pricing is governed by Mexico's CRE regulatory framework and market conditions. Jaguar has been self-funded through contract wins and operating cash flow with no disclosed institutional rounds, and the Grupo Topaz parent provides additional financial backing. The company has disclosed an ambitious $450 million investment program starting in 2022 to scale production toward 100 MMpcd by 2024, with a stated goal of supplying roughly 10% of Mexico's national natural gas consumption and displacing U.S. gas imports (which currently satisfy approximately 70% of Mexican demand).

Name

Jaguar

Legal name

Jaguar Exploración y Producción de Hidrocarbous, S.A.P.I. de C.V.

Website

https://jaguar-ep.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

101–250 employees

Short description

Jaguar Exploración y Producción is a private Mexican onshore oil and gas company (Grupo Topaz subsidiary) that operates natural gas fields across Burgos, Tampico-Misantla, and Sureste basins, holds 11 CNH contracts covering ~50% of private onshore acreage, and deploys Mexico's first privately-owned virtual pipeline to supply industrial and remote customers.

Ownership category

akta.pro rank

Product category

Onshore Natural Gas Exploration and Production

NAICS

Natural Gas Extraction (211130), Natural Gas Distribution (221210), Petroleum Bulk Stations and Terminals (424710)

SIC

Crude Petroleum & Natural Gas (1311), Natural Gas Transmisison & Distribution (4923)

akta.pro primary industry

Industrial CNG/LNG Supply & Distribution (Virtual Pipelines, Trucking, Satellite Storage) (EUALALAA)

Keywords

• Onshore hydrocarbon exploration
• Natural gas production
• Virtual pipeline services
• Oil and gas extraction
• Upstream energy operations

Headquarters

HQ city

Mexico City

HQ country

Mexico

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Oil and Gas Production Revenue: Jaguar E&P generates revenue through the production and sale of natural gas and crude oil from its contractual blocks in Mexico. The company has discovered commercial gas reserves (Dieciocho de Marzo, Spinini) and plans to monetize these through pipeline and virtual pipeline distribution to industrial customers and the national energy market.
2. Virtual Pipeline CNG Distribution: Compressed natural gas is transported via truck from wellhead to end users in remote areas, creating a monetization pathway for gas fields without pipeline infrastructure.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Jaguar Exploración y Producción is a Mexican oil and gas exploration and production company that specializes in onshore natural gas and light crude extraction from fields in the Burgos Basin, Tampico-Misantla, and Cuencas del Sureste regions. The company operates under 11 CNH contracts won during Mexico's Oil Rounds 2.2 and 2.3 and commercializes its production through both pipeline sales and the first privately-owned virtual pipeline (Ducto Virtual) in Mexico, which transports compressed natural gas (CNG) by truck to industrial customers in regions lacking pipeline connectivity.

Product overview

Jaguar E&P is a 100% Mexican oil and gas exploration and production company that operates as part of Grupo Topaz. The company operates a portfolio of products and services centered on onshore hydrocarbon exploration and production, with a primary focus on natural gas. Its core offerings include natural gas extraction from fields across Burgos Basin, Veracruz, and Tabasco, the innovative Virtual Pipeline system (first privately-owned in Mexico) for CNG transportation, and field development services. The company also operates the Jaguar Positive Impact Program focused on environmental sustainability and community development. Jaguar holds 11 contracts from Oil Rounds 2.2 and 2.3, concentrating on terrestrial fields.

Differentiator

Problem solved

Functional benefit

Brands

• Positive Impact: Sustainability strategy and social responsibility initiative focused on environmental, social, and community development programs.

Products and services

• Onshore Natural Gas Exploration and Production End-to-end onshore upstream natural gas extraction from fields in the Burgos Basin (Eagle Ford southern extension), Tampico-Misantla, and Cuencas del Sureste, conducted under 11 CNH contracts from Mexico's Oil Rounds 2.2 and 2.3. Sold via pipeline connections into the Mexican natural gas market.
• Ducto Virtual (Virtual Pipeline) Mexico's first privately-owned virtual pipeline service, compressing natural gas at the wellhead to CNG and delivering it by truck to industrial customers in regions lacking pipeline connectivity. Enables monetization of stranded reserves and gives customers in remote areas a piped-quality fuel source without fixed pipeline build-out.
• Light Crude Oil Production Light crude oil production from fields such as Dieciocho de Marzo and Spinini, sold to the Mexican domestic crude market alongside the company's natural gas output.
• Field Development Services (re-entry and redevelopment of abandoned Pemex fields) Upstream field-development services targeting mature Burgos Basin assets previously abandoned by Pemex, applying horizontal drilling, advanced well completion, and seismic reevaluation to deliver incremental production from legacy acreage.

Quantifiable outcome

• Reduced Mexico's gas import dependence by operating 18 producing fields in the Burgos Basin
• +3 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Vista Oil & GasminorStrategic or Co-development Partner · 24 August 2021Jaguar and Vista Oil & Gas completed a CNH-approved block transfer: Jaguar assumed full control of blocks A-10 and TM-01, while transferring its interest in block CS-01 to Vista Oil & Gas.
• AMEXHI (Asociación Mexicana de Empresas de Hidrocarburos)coreStrategic or Co-development Partner · 24 September 2020Jaguar is a member of AMEXHI, Mexico's hydrocarbon industry association. Jaguar's representative Ángel Casán serves on AMEXHI's board of directors. Jaguar participates in industry advocacy, policy discussions, and represents private-sector interests in Mexico's energy sector.
• Pantera Exploración y ProduccióncoreStrategic or Co-development Partner · 1 January 2020Pantera E&P is Jaguar's subsidiary and operates multiple CNH-contracted blocks in Mexico. Pantera is equally owned/managed under the Jaguar E&P umbrella, serving as the subsidiary through which many of the company's exploration and production activities are conducted, including blocks in Burgos Basin (Tamaulipas) and Cuencas del Sureste (Tabasco).
• Grupo TopazcoreStrategic or Co-development PartnerJaguar E&P is the energy division of Grupo Topaz, a holding company founded in Nuevo León in 2011 and led by Dionisio Garza Sada. Grupo Topaz provides corporate governance, strategic direction, and financial backing to Jaguar's exploration and production operations.
• Tamaulipas State GovernmentcoreStrategic or Co-development PartnerThe government of Tamaulipas, led by Governor Francisco García Cabeza de Vaca, has expressed strong support for Jaguar's operations, committing to guarantee favorable conditions for companies operating in the state and recognizing Jaguar as a key investor developing the state's gas resources.
• CNH (Comisión Nacional de Hidrocarburos)coreStrategic or Co-development PartnerAs a CNH-regulated entity, Jaguar operates under regulatory oversight of Mexico's National Hydrocarbons Commission, which approves all exploration plans, drilling programs, and production activities for the company's contractual blocks.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/jaguar-exploraci%C3%B3n-y-producci%C3%B3n

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jaguar