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    Published on Monday, July 31, 2023 | Updated on Tuesday, August 1, 2023

    Mexico | New fields production continues increasing

    Summary

    The production of new fields in the second quarter of 2023 averaged around 208 thousand additional barrels a day to the production registered during the second quarter of 2022.

    Key points

    • Key points:
    • The production of liquid hydrocarbons in the second quarter of 2023 showed an annual increment of 126.3 thousand barrels a day with contributions of -84 thousand barrels a day from Pemex and 209.7 thousand barrels a day from condensates.
    • Lower prices affected Pemex’s export and domestic sales, which posted an annual decrease of 39.4% and 45.1% in the second quarter of 2023, respectively.

    Geographies

    Topics

    Authors

    Arnulfo Rodríguez BBVA Research - Principal Economist

    Documents and files

    Report (PDF)

    Observatorio-Pemex-al-2T23.pdf

    Spanish - July 31, 2023

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