Mexico | Lower prices impact Pemex’s total sales

Summary

The production of new fields in the first quarter of 2023 averaged around 199 thousand additional barrels a day to the production registered during the first quarter of 2022.

Key points

• Key points:
• The production of liquid hydrocarbons in the first quarter of 2023 showed an annual increment of 98 thousand barrels a day with contributions of -107 thousand barrels a day from Pemex and 205.3 thousand barrels a day from condensates.
• Lower prices affected Pemex’s export and domestic sales, which posted an annual decrease of 30.0% and 8.3% in the first quarter of 2023, respectively.

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