Mexico | Pemex’s new fields are producing fewer liquid hydrocarbons
Published on Tuesday, March 4, 2025
Mexico | Pemex’s new fields are producing fewer liquid hydrocarbons
Summary
The production of new fields averaged around 521 thousand barrels a day of liquid hydrocarbons in the fourth quarter of 2024 vs. 549 thousand in the previous quarter.
Key points
- Key points:
- The production of liquid hydrocarbons of Pemex in the fourth quarter of 2024 vs. the previous quarter showed a decrement of 93.6 thousand barrels a day mainly due to a lower production of heavy and light crude oil and superlight crude oil plus condensates by 75.3 thousand and 18.1 thousand barrels a day, respectively.
- Pemex’s export and domestic sales showed an annual change of 1.9% and 3.0% in the fourth quarter of 2024, respectively.
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Energy and Commodities
Tags
Authors
Arnulfo Rodríguez
BBVA Research - Principal Economist