Pemex Increases Output 29,000b/d in Q1

Mexico's state oil company Pemex raised its crude oil production 29,000 barrels a day (b/d) to 3.35 million barrels a day (Mb/d) in the first quarter of 2006 compared to the same period of 2005, Pemex said in a statement.

Pemex's Q1 production of Maya heavy crude, Istmo light crude and Olmeca super-light crude increased 12,000b/d compared to the annual daily average in 2005, the statement said.

Pemex's Maya output averaged 2.38Mb/d, 71% of total production, while Istmo averaged 800,000b/d and Olmeca 169,000b/d.

The company's crude production supplied the local energy market and exports.

Pemex's southwestern and northeastern marine regions in the Campeche basin produced 2.76Mb/d in the first quarter of 2006, 82.6% of total production. The southern region produced 499,000b/d equivalent to 14.9% of total production, while the northern region produced 84,000b/d, 2.5% of total production, the statement said.

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