Mexico Oil and Gas Sector Report 2020/2021An EMIS Insights Industry Report
EMIS is an ISI Emerging Markets Group Company Date: November 2019
Available in: English
Mexico, a traditional oil exporting country, saw its crude oil output continually decline at a CAGR of 4.3% between 2004 and 2018 due to the natural decay of the country’s mature fields, coupled with insufficient investment in exploration and development by the State-run company Petroleos Mexicanos (PEMEX), the only player in the sector up to 2015. Natural gas production – which remained stable during the 2010-2014 period – was greatly affected by the international slump in hydrocarbon prices in 2014, falling at a CAGR of 7.6% between 2014-2018, as PEMEX started injecting more gas in its wells to sustain crude oil output. To reverse this trend, the 2012-2018 national administration leaned on private capital, restructuring the way the sector is regulated in 2013 to allow and encourage foreign investment and private participation.
This report provides a complete and detailed analysis of the oil and gas sector for Mexico. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.
What this report allows you to do:
- Understand the key elements at play in the oil and gas sector in Mexico
- Gain insight into reserves, drilling activity, infrastructure and other production issues
- See oil and gas consumption within the country
- Ascertain Mexico’s position in the global sector
- Build a clear picture of the downstream, midstream an upstream processes
- Gain an understanding of the entire production and distribution chain of the oil and gas sector in Mexico
- Access production and investment forecasts
- Crystallise the forces both driving and restraining this sector in Mexico.
See below for a complete table of report contents: