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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.

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Documents and files

Report (PDF)

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

Spanish - October 30, 2023

Authors

AR
Arnulfo Rodríguez BBVA Research - Principal Economist
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