Pemex Exploration

Why Pemex is choking the production of one of its priority fields

The state-owned company has at times obtained more water than oil from the field. A large amount of water extracted could lead to a premature closure of the field, analysts say.

Pemex wants to double the resources to exploit this shallow water field, but does not explain why it needs so much money

The project has risen since the beginning of the six-year term as Pemex's promising field and has been called the most important land asset for the state company in the last 20 years.

Back in the spotlight: The sector regulator opens a second investigation into the Ixachi field

The investigation is still held within the body and has not been made public.

Xikin, the Pemex field that barely produces 1.3% of the promised oil

The state company assured that by September 2021 it would produce 77,000 barrels of crude oil per day in this, one of its promised fields; however, the current rate is 1,046 barrels per day.

"I pay you later but with interest": the proposal that Pemex makes to its suppliers

This movement will imply that the state oil company will pay interest and will take more time to settle pending invoices with its suppliers.

"I pay you later but with interest": the proposal that Pemex makes to its suppliers

This movement will imply that the state oil company will pay interest and will take more time to settle pending invoices with its suppliers.

Pemex's most valuable asset has gone into decline and there is no plan to replace it

Ku Maloob Zaap's production has entered a phase of accelerated decline and none of the new discoveries of the oil company will be able to replace the amount of crude.

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