Comments about oil and natural gas production in this thread, please.
All other comments not related to oil and natural gas production should be posted in the Electric Power Monthly comment section.
Thanks.
I will just delete comments that are not related to oil and natural gas, they will not be moved.
Comments related to oil and/or natural gas production in this thread. Thanks.
Comments related to Oil and Natural Gas in this thread please.
Comments on oil and natural gas production in this thread.
Mexico oil production is in decline though, at the moment, not as steep as it was expected to be (at least by me – IEA predictions are closer).
Data is through June and comes from Pemex and National Hydrocarbons Information Center (CNIH) (both sites are pretty good).
For June C&C was 1870 kbpd, down 25 kbpd from May and 170 kbpd y-o-y. Yearly decline rates for each region are shown in the chart below. Production peaked in 2004/2005 at just over 3500 kbpd, so overall decline is approaching 50%.
Most of the decline has been in light oil and condensate, with heavy oil holding fairly level.
