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Monday, May 27, 2019

Pemex April Production: Oil Declines on Trend, Gas Output Plateaus

Pemex reported oil and gas production for April, showing crude output declining by 15K BOPD from March, and gas down 41MMCFD.



Regionally, oil declines were entirely offshore, with southern onshore output flat, and output rising slightly in the terrestrial north:



Gas output was flat regionally, but nitrogen associated output rose and oil associated NG fell slightly: