Pemex oil production stable in 2011 with 2 million 550 000 barrels per day

abarrelfullabarrelfull wrote on 24 Jan 2012 08:09
Tags: mexico pemex upstream

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For the second consecutive year, PEMEX successfully stabilized crude oil production at 2 million 550 000 barrels per day. With this result, PEMEX changed the downward trend observed between 2007 and 2009, when there was a cumulative total fall 475 000 barrels per day.

2011 production remained at similar levels to last year, which was reached 2 million barrels 576 000 per day. This behavior was made possible primarily by increased production in substantive projects Ku-Maloob-Zaap, Crudo Ligero Marino and Ixtal-Manik, which partially offset the decline in Cantarell.

Is also worth noting the progress achieved in the project Grijalva Delta in recent years, from a production of 59 000 barrels per day in 2003 to 155,000 barrels per day in 2011, representing a volume increase of 164 percent.

Other projects saw a significant increase in recent years were Ogarrio-Magallanes 2006 to date managed to increase its production 118 percent, and tertiary oil assets in the Gulf, known as Chicontepec, which since 2003 went from 11 000 to 53 thousand barrels per day, up 272 percent, reaching the end of last year's record production of 65 thousand barrels per day.

It is noteworthy that these projects (Ku-Maloob-Zaap, Crudo Ligero Marino, Ixtal-Manik, Delta del Grijalva, Ogarrio-Magallanes and Tertiary Gulf Oil), together accounting for an average crude oil production of one million 410 thousand barrels day for 2011, which represented an increase of one million eight thousand barrels a day over eight years ago.

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