Search for your article of interest

Production costs decrease

Thursday, February 9th, 2017 Category: Company News
Usefulness:  

Last year was difficult for the Mexican hydrocarbons industry. The fall in production, budget cuts, low prices among others things affected Pemex’s performance. However, not everything was bad, production costs declined in 2016.

Production costs decreased 28%. The cost of producing an offshore barrel is US$37 on average in Mexico.

To read the full article, or