Natural gas production in Mexico averaged 4.07 Bcf/d in January 2024, down from 4.25 Bcf/d in January 2023 and marking a fourth straight sequential decline. 

State oil company Petróleos Mexicanos (Pemex) supplied 3.86 Bcf/d of the total, compared to 4.03 Bcf/d a year earlier, according to the latest data from upstream regulator Comisión Nacional de Hidrocarburos (CNH). Private sector operators accounted for the remainder.

The top five producing fields, all operated by Pemex, were Quesqui (615 MMcf/d), Akal (452 MMcf/d), Ixachi (390 MMcf/d), Maloob (167 MMcf/d) and Onel (167 MMcf/d).

Associated gas tied to oil production accounted for 2.19 Bcf/d or 54% of total production, with non-associated gas supplying the rest.

Mexico’s oil production, meanwhile, fell sequentially...