University of Tehran Journal Of Researches Energy Law Studies 2538-3140 2 1 2016 03 20 U.S. - MEXICO agreement on Transboundary Hydrocarbon Reservoirs in the Gulf of Mexico, historical and legal analysis U.S. - MEXICO agreement on Transboundary Hydrocarbon Reservoirs in the Gulf of Mexico, historical and legal analysis 121 144 61021 10.22059/jrels.2016.61021 FA Javad Kashani Associate Professor at Allameh Tabataba’i university Tohid Gholizadeh PhD candidate of management of International Oil and Gas Contracts at Allameh Tabataba’i university Journal Article 2016 06 25 After decades of tough negotiations, U.S. and Mexico signed an agreement concerning Transboundary Hydrocarbon Reservoirs in the Gulf of Mexico on 12 Feb. 2012. Unitization is the approach that has been chosen by two countries to develop Gulf of Mexico's oil and gas transboundry resources. Due to legal, structural and historical similarities between Iranian and Mexican oil and gas industries, and existence of Iran's multiple transboundary hydrocarbon resources, assessment and analyzing of US-Mexico negotiations to know why they negotiated and how they could be able to handle their issues would be very helpful to Iran's oil and gas policy makers. Mutual understanding, providing enough time to talk and to do geological studies, enhancing historically faded confidence between two nations, avoidance of unilateral actions, long term approach and more importantly finding and generating common interests are the main success factors of two countries. After decades of tough negotiations, U.S. and Mexico signed an agreement concerning Transboundary Hydrocarbon Reservoirs in the Gulf of Mexico on 12 Feb. 2012. Unitization is the approach that has been chosen by two countries to develop Gulf of Mexico's oil and gas transboundry resources. Due to legal, structural and historical similarities between Iranian and Mexican oil and gas industries, and existence of Iran's multiple transboundary hydrocarbon resources, assessment and analyzing of US-Mexico negotiations to know why they negotiated and how they could be able to handle their issues would be very helpful to Iran's oil and gas policy makers. Mutual understanding, providing enough time to talk and to do geological studies, enhancing historically faded confidence between two nations, avoidance of unilateral actions, long term approach and more importantly finding and generating common interests are the main success factors of two countries. https://jrels.ut.ac.ir/article_61021_fb7a1920e339ccbd9198e7438bd77abd.pdf