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    Published on Monday, October 30, 2023 | Updated on Monday, October 30, 2023

    Mexico | New fields continue increasing their production

    Summary

    The production of new fields in the third quarter of 2023 averaged around 192 thousand additional barrels a day to the production registered during the third quarter of 2022.

    Key points

    • Key points:
    • The production of liquid hydrocarbons in the third quarter of 2023 showed a quarterly decrement of 31.7 thousand barrels a day with reductions of 20.7 thousand barrels a day from Pemex and 11.7 thousand barrels a day from condensates.
    • Lower prices affected Pemex’s export and domestic sales, which posted an annual decrease of 25.9% and 27.5% in the third quarter of 2023, respectively.

    Geographies

    Topics

    Authors

    Arnulfo Rodríguez BBVA Research - Principal Economist

    Documents and files

    Report (PDF)

    Observatorio-Pemex-al-3T23-nuevo-formato.pdf

    Spanish - October 30, 2023

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