Most of current oil and gas operations in Mexico are focused on developing fields located in the Southeastern basin of Gulf of Mexico, as well as Tabasco and Veracruz states. The basin covers both onshore and offshore territories, however, more than 85% of crude oil produced in the basin is supplied from shallow water fields. Overall, less than a third of all crude oil produced in 2020 was coming from the onshore field terrain. Majority of Mexico’s natural gas represents associated gas from oil fields, with only 2% of gas being produced from pure gas fields. Prior to 2020, both crude oil and natural gas have been declining at 3%-11% rate annually, however in 2020 the situation stabilized, and production was kept almost flat. Nonetheless, since main Mexico’s national oil company, Petróleos Mexicanos (Pemex), that produces nearly 98% of Mexico’s crude oil, keeps its focus on oil fields, the growing natural gas demand in the country will be increasingly dependent on imports, unless more planned gas developments are added in the short-term. Also, a significant portion of capital investment needs to be pivoted towards exploration activities and developing new deepwater resources. At the moment, Pemex has halted all potential partnerships with operators. However, until Pemex has again the ability to form partnerships to reduce risks and share costs of oil and gas projects, the company and the country may struggle to keep their production growing or even stable in the long run.
Scope
- Mexico’s oil and gas production outlook by assets terrain, and major companies
- Key details of active and upcoming oil and gas assets in the country
- Recently licensed blocks details, licensed blocks count by company, and latest discoveries
- Latest mergers and acquisitions, and awarded contracts related to the E&P sector in the country
Reasons to Buy
- Gain a strong understanding of the Mexico’s E&P sector
- Facilitate decision making based on strong historical and outlook of oil and gas production data, licensed blocks details, and discoveries
- Assess your competitor’s production outlook and licensed blocks count in the country
- Analyze latest M&A landscape and awarded contracts related to the country’s E&P sector
Table of Contents
- Mexico Exploration and Production Sector
- Mexico Exploration and Production Sector, Oil and Gas Production Outlook
- Mexico Exploration and Production Sector, Marketed Natural Gas Production by Terrain
- Mexico Exploration and Production Sector, Gross Crude Oil and Condensate Production by Assets
- Mexico Exploration and Production Sector, Marketed Natural Gas Production by Assets
- Mexico Exploration and Production Sector, Net Entitlement Crude Oil and Condensate Production by Major Companies
- Mexico Exploration and Production Sector, Net Entitlement Natural Gas Production by Major Companies
- Mexico Exploration and Production Sector, Active and Upcoming Oil and Gas Asset Details
- Mexico Exploration and Production Sector, Exploration
- Mexico Exploration and Production Sector, Total Licensed Blocks
- Mexico Exploration and Production Sector, Licensed Blocks by Company
- Mexico Exploration and Production Sector, Exploration Details, Exploration
- Mexico Exploration and Production Sector, Major Oil and Gas Discoveries
- Mexico Exploration and Production Sector, Number of Oil and Gas Discoveries, 2015-2021
- Mexico Exploration and Production Sector, Oil and Gas Discovery Details
- Recent Contracts
- Recent M&A Activity
- Appendix
- Methodology
- Coverage
- Secondary Research
- Contact The Publisher
List of Tables
Table 1: Mexico, Total Gross Crude Oil and Condensate Production (bd) by Terrain, 2015-2024
Table 2: Mexico, Marketed Natural Gas Production by Terrain (mmcfd), 2015-2024
Table 3: Mexico, Gross Crude Oil and Condensate Production (bd), by Assets, 2015-2024
Table 4: Mexico, Marketed Natural Gas Production (mmcfd), by Assets, 2015-2024
Table 5: Mexico, Net Entitlement Crude Oil and Condensate Production (bd), by Major Companies, 2015 - 2024
Table 6: Mexico, Net Entitlement Natural Gas Production (mmcfd), by Major Companies, 2015 - 2024
Table 7: Mexico, Active and Upcoming Oil and Gas Field Assets Details
Table 8: Mexico, Total Licensed Blocks, 2010-2020
Table 9: Mexico, Licensed Blocks by Company, 2010-2019
Table 10: Mexico, Recently Licensed Block Details
Table 11: Mexico, Number of Oil and Gas Discoveries, 2015-2021
Table 12: Mexico, Oil and Gas Discovery Details, 2015 - 2021
Table 13: Recent Contracts
Table 14: Recent M&A Activity
List of Figures
Figure 1: Mexico, Total Gross Crude Oil and Condensate Production (bd) by Terrain, 2015-2024
Figure 2: Mexico, Marketed Natural Gas Production by Terrain (mmcfd), 2015-2024
Figure 3: Top 10 Fields in Mexico by 2020 Crude Oil Production
Figure 4: Top 10 Fields in Mexico by 2020 Natural Gas Production
Figure 5: Top 10 Companies in Mexico by 2020 Crude Oil and Condensate Production
Figure 6: Top 10 Companies in Mexico by 2020 Natural Gas Production
Figure 7: Active and Upcoming Oil and Gas Assets by Production Start Year
Figure 8: Mexico, Number of Oil and Gas Discoveries, 2015-2021
