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Published on Tuesday, October 28, 2025 | Updated on Wednesday, October 29, 2025

Mexico | Marginal progress in Pemex’s oil production

The production of liquid hydrocarbons of Pemex in the third quarter of 2025 vs. the previous quarter showed an increment of 17.6 thousand barrels a day mainly due to a higher production of heavy and light crude oil by 17.9 thousand barrels a day.

Key points

  • Key points:
  • The production of new fields averaged around 566 thousand barrels a day of liquid hydrocarbons in the third quarter of 2025 vs. 531 thousand in the previous quarter.
  • Pemex’s export and domestic sales showed an annual change of -21.5% and -4.2% in the third quarter of 2025, respectively.

Documents and files

Report (PDF)

Marginal progress in Pemex’s oil production

Spanish - October 28, 2025

Authors

Arnulfo Rodríguez
Arnulfo Rodríguez Principal economist for Mexico
BBVA Research
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