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Production

No more auctions for Pemex?

The NOC chose to invite companies to perform drilling activities in the Gulf of Mexico, as part of its plan to reactivate production metrics.

 

Wednesday, January 16th, 2019
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Ku-Maloob-Zaap production

Ku-Maloob-Zaap production

Pemex metrics continues to fall in terms of production, and there is no solution at least for the short term. In fact, bad news keeps appearing for Pemex, as its main asset Ku-Maloob-Zaap is reporting even less production.

Wednesday, January 9th, 2019
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Production from oil rounds

Production from oil rounds

Andres Manuel Lopez Obrador (AMLO) decided to cancel indefinitely new oil rounds in Mexico, arguing that this has not generated positive results for the country. However, the National Hydrocarbons Commission (CNH) reported the production of the oil contracts from past rounds, with positive results.

Tuesday, January 8th, 2019
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Pemex will drill new wells

Pemex will drill new wells

Andrés Manuel López Obrador (AMLO) is determined to recover Pemex production as soon as possible. He announced a new drilling program to increase this metric and expectations are high.

Wednesday, December 12th, 2018
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Pemex production in October

Pemex production in October

Pemex published production figures for October, reporting a new decrease in this month. The firm had reported an increase in September, but the firm lost the ground gained this month, reaching historical low levels.

Tuesday, November 27th, 2018
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OPEC talks Mexico’s production

The Organization of Petroleum Exporting Countries (OPEC) warned about the country’s production levels.

Tuesday, November 20th, 2018
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Oil crisis in the south region

Pemex continues to report poor operational metrics around the country. This situation has generated economic crisis in various oil producing areas and the southern region is one of the most affected.

Monday, November 19th, 2018
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“Tabasco’s economy cannot depend on oil”: Nuñez

According to Tabasco’s governor, Arturo Nuñez, the oil crisis ‘sank’ the economy of Tabasco, altering the state’s budget.

 

Thursday, November 15th, 2018
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Foreign investment might not be that bad, after all

After sending ‘go away’ messages to the industry during his campaign, AMLO confirmed that he will seek to improve production levels in Mexico together with foreign firms.

 

Wednesday, October 3rd, 2018
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