Pemex Increases Jan-July Crude Production 1.7%

Mexico Pemex
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Mexico's state oil company Pemex increased January-July crude production by 1.7% year-on-year to average 3.4 million barrels a day (mb/d), the company announced Monday.

Pemex produced an average of 2.47mb/d of Maya heavy crude during the seven-month period, up 3.8% year-on-year, while Istmo light crude production increased 54.2% to 796,000b/d and Olmeca extra light production averaged 132,000b/d.

Production in the southeastern and northeastern regions of the Campeche Sound increased by 2.3% year-on-year, averaging 2.8mb/d, which represents 83.7% of the country's total production.

Meanwhile, production from the southern region increased 2.4% to 473,000b/d, representing 13.9% of the country's production. The northern region contributed 80,000b/d.


Pemex produced an average of 4.57 billion cubic feet a day (bcf/d) of natural gas in the year through July, up 2.5% year-on year. Natural gas production in the northern region increased 14%, and 3.4% in the Campeche Sound, averaging 1.49bcf/d and 1.55bcf/d, respectively. The southern zone contributed 1.52bcf/d, the statement said.

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