Private sector oil production in Mexico averaged 61,501 b/d during April, up from 55,682 b/d in April 2020, a 10.5% year/year increase, according to data from upstream regulator Comisión Nacional de Hidrocarburos (CNH).

Mexico production

This marks the first time that monthly private sector production has surpassed 60,000 b/d since Mexico’s 2013-2014 constitutional energy reform ended state oil company Petróleos Mexicanos’ (Pemex) monopoly in the upstream segment. 

Total oil production, meanwhile, averaged 1.7 million b/d, down from 1.71 million b/d in the year-ago month, CNH data show.

Pemex oil output fell to 1.63 million b/d from 1.65 million b/d.

Private sector oil production was led by Petrofac Ltd., which produced 20,728 b/d in Mexico during April, up from 16,679 b/d in April...