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Production

New development plans

Pemex wants to change the negative trend in its oil production as soon as possible, and expectations are focused in 20 priority fields. The National Hydrocarbons Commission (CNH) ruled on the development plan for two of these areas.

 

Wednesday, August 21st, 2019
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More investments by private players

The government was heavily criticized after presenting Pemex’s Business Plan. The National Hydrocarbons Commission (CNH), however, announced important upcoming investments.

 

Tuesday, August 20th, 2019
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Pemex main producing blocks

Pemex main producing blocks

Pemex is facing a crisis in its oil production, as the company has been producing below 2,000mbd and it has many operational problems. The NOC announced a plan to develop 22 fields, generating little enthusiasm among experts. Concerns continue because its production is concentrated in only a few blocks.

Tuesday, August 20th, 2019
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“We reduced oil theft by 93%”: Romero

Pemex CEO, Octavio Romero, spoke about the alleged progress his team has achieved this year, but figures show the opposite. The development of these and other stories in our periodic Security summary.

 

Thursday, August 8th, 2019
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Xanab loses production

Xanab, one of Pemex’s most valuable assets, has been losing production consistently for the past years. Here are the details.

Wednesday, August 7th, 2019
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Oil production increases slightly

Oil production increases slightly

Pemex published extraction figures for June 2019, reporting an increase in this metric, compared to May. However, production levels remain far away from the goal of the government.

Wednesday, July 31st, 2019
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Pemex’s Abkatún field

The National Hydrocarbons Commission (CNH) approved the modification to the Development Plan for the Abkatún field (Campeche).

 

Tuesday, July 23rd, 2019
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Pemex’s move

Pemex left farm-outs out of its Business Plan. This is what the firm will do instead.

 

Tuesday, July 23rd, 2019
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Oil companies’ offshore projects

Oil companies’ offshore projects

President Andrés Manuel López Obrador (AMLO) argued that companies have not generated benefits for Pemex or for the national oil sector. New players are proving him wrong.

Tuesday, July 9th, 2019
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Pemex’s new move

Pemex is developing a risky offshore project in the Gulf of Mexico, despite saying that it would concentrate its limited resources in areas where it has more experience.

 

Tuesday, July 9th, 2019
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