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Pemex reported 2017 RRR

Tuesday, May 15th, 2018 Category: Eye on Pemex
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Pemex reported 2017 RRR

Pemex reported its Reserves Replacement Ratio (RRR) for 2017 in a report sent to the U.S securities and Exchange Commission (SEC). The NOC reported a recovery in RRR compared to previous year, but it is still below the industry standard of aiming to replace 100% of annual production with new discoveries.

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