Saturday, November 26, 2016

Pemex Reports Oil and Gas Production Declines to New Lows in October

Mexico's daily hydrocarbon output in October fell to new lows, with crude oil down 10,000 barrels per day to 2.103 million, and natural gas falling 0.036 BCFD to 5.583 BCFD.

The decline in gas output is consistent with increased imports of pipeline gas from the US, but crude exports did not fall in October, partly because domestic sales of motor fuel was substantially below last year.

Here are the details by the numbers: