Friday, March 1, 2024

Pemex production will increase by 5.1% in 2023

Mexico City. The production of liquid hydrocarbons of Petróleos Mexicanos (Pemex) amounted to an average of one million 866 thousand barrels per day during 2023, this is 5.1 percent more than the production of 2022, when it is one million 764 thousand barrels per day.

The oil statistics for December, reviewed by the Energy Commission of the Chamber of Deputies, show that last year hydrocarbon production did not fall below the barrier of one million 800 thousand barrels per day and that the average annual that increase was 91 thousand barrels per day, the largest increase recorded in a six-year period.

“Regarding the production of Pemex with its private partners, it averaged two million 40 thousand barrels per day, an amount 4.9 percent greater than one million 944 thousand barrels every day held in 2022.” .

Pemex started the current six-year period with a slight increase in trend since 2019, but in 2023 its production was able to consolidate the increase and overcome the barrier of one million 800 thousand barrels per day, a level that it maintained throughout the year, thanks to the entry into production of new fields that host important producing wells, mainly Quesqui and Tupilco.

These new fields contributed more than 560 thousand barrels per day last year, representing nearly 30 percent of Pemex’s total production.

In recent days, the general director of the oil company, Octavio Romero Oropeza, visited one of the latest development wells, Techiaktli, located in Macuspana, Tabasco, which shows signs of good productive, because its estimate is 90 million barrels of crude oil equivalent, where exploration areas will also be opened towards the deep part of the municipality, an area where the company has high expectations.

World Nation News Desk
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