Mexico | Pemex’s liquid hydrocarbons production continues falling

Summary

The production of liquid hydrocarbons of Pemex in the third quarter of 2024 vs. the previous quarter showed a decrement of 20.1 thousand barrels a day mainly due to a lower production of heavy and light crude oil and superlight crude oil plus condensates by 10.4 thousand and 9.6 thousand barrels a day, respectively.

Key points

• Key points:
• The production of new fields averaged around 549 thousand barrels a day of liquid hydrocarbons in the third quarter of 2024 vs. 557 thousand in the previous quarter.
• A lower export volume of crude oil was partially offset by a higher sales volume of some fuels, which affected Pemex’s export and domestic sales with an annual change of -17.8% and 0.5% in the third quarter of 2024, respectively.

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