Hydrocarbon Information System


 
 
 
Hydrocarbon Information System
 
 

In the Hydrocarbons Information System (SIH), you can view and download the historic production of oil and gas by well, as well as other statistics of interest regarding the Mexican oil sector provided by the National Hydrocarbons Commission.

Contingent 1.png
Contingent Resources 2023
10 October 2023

 

Contingent Resources

 

Contingent Resources are those quantities of petroleum estimated, as of a given date, to be potentially recoverable from known accumulations by application of development projects but which are not currently considered to be commercially recoverable owing to one or more contingencies.
Under the Regulation on Prospective and Contingent Resources5/ issued by the National Hydrocarbons Commission (CNH), it tracks the country’s Hydrocarbon Resources from their evaluation and quantification as Prospective Resources to their incorporation as Reserves. During 2022, there is a record of 41 drilled exploration prospects, whose total mean Prospective Resources estimate was 2,367 MMboe, from which 22 new discoveries were made that incorporated 84 MMboe of new 3C Contingent Resources and 359 MMboe of 3P Reserves.
On the other hand by 2023, the volume of 3C Contingent Resources was reduced by almost a third compared to 2022. This because 72% of the volume of 3C Contingent Resources associated with 22 fields was reclassified as 3P Reserves.
In balance for 2023, 9.1% of the 3P Reserves (2,093 MMboe) were incorporated from new discoveries (1.6%) and by the reclassification of Contingent Resources to Reserves (7.5%), which is equivalent to reincorporate Reserves for the double of the total production reported in 2022.

 

PRMS Contingent Resources Classification


For the exercise of CNH duties regarding the classification of Contingent Resources estimates, the Petroleum Resources Management System (PRMS) is adopted, in
its current English version, as the reference system.
This classification system defines subclasses for Contingent Resources, which are related to the maturity level of the projects and the business decisions to be
implemented, positioning the project's status in the value chain.
Development pending: A discovered accumulation where project activities are ongoing to justify commercial development in the foreseeable future.
Development on hold: A discovered accumulation where project activities are on hold and where justification as a commercial development may be subject
to significant delay.
Development unclarified: A discovered accumulation where project activities are under evaluation and where justification as a commercial development is unknown
based on available information.
Development not viable: A discovered accumulation for which there are no current plans to develop or to acquire additional data at the time because of
limited commercial potential.

PDF

Notes:
1/ Total Prospective Resources forecasts based on the ultimate estimation reported by Operators (mean values or best estimate), under CNH Regulation on Prospective and Contingent Resources.
2/ Discovered Volume reported as Contingent Resources or Reserves, from exploration drilling during 2022.
3/ Contingent Resources as of September 2022.
4/ Hidrocarbons’ Reserves as of January 1st, 2023.
5/ According to CNH Regulation on Prospective and Contingent Resources, the Contingent Resources Report provided by the Operators is informative and does not involve auditing or validation by an
Independent Third Party (Reserves Evaluators) https://cnh.gob.mx/media/16413/lineamientos-de-recursos-prospectivos-y-contingentes.pdf.

Source: CNH

Production

Production
Liquid hydrocarbons
October, 2023.
1,918.7
Thousand barrels per day

National production

Oil

1,712.7

Thousand barrels per day

Natural gas

4,995.3

Million cubic feet per day

Nitrogen-free Natural Gas

3,972.8

Million cubic feet per day

Condensate

26.6

Thousand barrels per day

Production

National production of hydrocarbons since 1960, disaggregated by license/entitlement or contract, location (state) and main production project. It includes natural gas production.

This section includes statistics related to Prospective Production of Hydrocarbons, calculated using information from Development Plans submitted by Operators and estimates made by the National Hydrocarbons Commission.

Reserves and resources

Reserves and resources
3P reserves
January, 2023
23.1
Billion barrels of oil equivalent

Reserves

3P

25,106.1

MMBOE

2P

15,836.2

MMBOE

1P

7,897.3

MMBOE

Prospective resources

Total

112,833.3

MMBOE

Conventional

52,629.1

MMBOE

Unconventional

60,204.3

MMBOE

Reserves and resources

Hydrocarbons national reserves, by category 1P, 2P and 3P, disaggregated by oil field and license/entitlement or contract. It includes prospective resources and the relationship between production and reserves.

Petroleum activity

Petroleum activity
Wells
October, 2023
6,963
Operating wells

Wells

Total drilled wells

25

Exploratory wells

4

Development wells

21

Operating wells

7,873

Exploration studies (ARES)

Total studies

52

Developing

20

Completed

32

ARES register

86

Companies with authorizations

21

Petroleum activity

Indicators of the evolution of the oil industry in Mexico, such as the number of wells drilled and finished, disaggregated by type of well, location and operator. It includes the number of drilling rigs and the number and type of hydrocarbon-producing wells.

Entitlements and Contracts

Entitlements and Contracts
June, 2023
412 Entitlements
108 Contracts

Entitlements existing

Entitlements

413

Exploration

110

Extraction

258

Shelter

45

Contracts existing

Contracts

111

Bidding process

103

Pemex farmouts

3

Pemex migrations

5

Entitlements and Contracts

Management of licenses/entitlements, contracts and tender processes in the hydrocarbons sector. It includes information related to the technical management and monitoring of licenses/entitlements and contracts.

Sales and prices

Sales and prices
MME price
December 04, 2023
68.57
Dollars per barrel

Oil

WTI

56.81

Dollars per barrel

Brent

62.68

MME

49.41

Gas

Henry Hub

2.71

Dollars per million BTU

IPGN - CRE

3.19

Sales and prices

Hydrocarbons' prices, according to international benchmarks.

Investments

Investments
Approved investments
October, 2023
65,202
Millions of dollars

Investment in Contracts

Committed investment

4.158

Billion dollars

Approved investment

36.406

Billion dollars

Disbursed investment

3.009

Billion dollars

Hydrocarbons payments

Total

117.983

Billion dollars

Entitlements

115.772

Billion dollars

Contracts

2.211

Billion dollars

Investments in Contracts and Licenses/Entitlements and payments to the Mexican Oil Fund

In this section, you will find information regarding investments in Exploration and Extraction Contracts disaggregated by type:

  • Estimated investment, showing total capital investment during project lifespan assuming commercial success.
  • Committed investment, according to the Minimum Work Program stipulated in each Contract.
  • Approved investment in Exploration and Development Plans.
  • Disbursed investment, using information on costs, expenses and investments registered with the Mexican Oil Fund.

In addition, you will find information regarding investments in Licenses/Entitlements, information investments as well as payments made to the Mexican Oil Fund by Licensees and Operators.

Hydrocarbon Information System

Hydrocarbon Information System

In the Hydrocarbons Information System (SIH), you can view and download the historic production of oil and gas by well, as well as other statistics of interest regarding the Mexican oil sector provided by the National Hydrocarbons Commission.

Contingent Resources 2023
Contingent 1.png
10 October 2023

 

Contingent Resources

 

Contingent Resources are those quantities of petroleum estimated, as of a given date, to be potentially recoverable from known accumulations by application of development projects but which are not currently considered to be commercially recoverable owing to one or more contingencies.
Under the Regulation on Prospective and Contingent Resources5/ issued by the National Hydrocarbons Commission (CNH), it tracks the country’s Hydrocarbon Resources from their evaluation and quantification as Prospective Resources to their incorporation as Reserves. During 2022, there is a record of 41 drilled exploration prospects, whose total mean Prospective Resources estimate was 2,367 MMboe, from which 22 new discoveries were made that incorporated 84 MMboe of new 3C Contingent Resources and 359 MMboe of 3P Reserves.
On the other hand by 2023, the volume of 3C Contingent Resources was reduced by almost a third compared to 2022. This because 72% of the volume of 3C Contingent Resources associated with 22 fields was reclassified as 3P Reserves.
In balance for 2023, 9.1% of the 3P Reserves (2,093 MMboe) were incorporated from new discoveries (1.6%) and by the reclassification of Contingent Resources to Reserves (7.5%), which is equivalent to reincorporate Reserves for the double of the total production reported in 2022.

 

PRMS Contingent Resources Classification


For the exercise of CNH duties regarding the classification of Contingent Resources estimates, the Petroleum Resources Management System (PRMS) is adopted, in
its current English version, as the reference system.
This classification system defines subclasses for Contingent Resources, which are related to the maturity level of the projects and the business decisions to be
implemented, positioning the project's status in the value chain.
Development pending: A discovered accumulation where project activities are ongoing to justify commercial development in the foreseeable future.
Development on hold: A discovered accumulation where project activities are on hold and where justification as a commercial development may be subject
to significant delay.
Development unclarified: A discovered accumulation where project activities are under evaluation and where justification as a commercial development is unknown
based on available information.
Development not viable: A discovered accumulation for which there are no current plans to develop or to acquire additional data at the time because of
limited commercial potential.

PDF

Notes:
1/ Total Prospective Resources forecasts based on the ultimate estimation reported by Operators (mean values or best estimate), under CNH Regulation on Prospective and Contingent Resources.
2/ Discovered Volume reported as Contingent Resources or Reserves, from exploration drilling during 2022.
3/ Contingent Resources as of September 2022.
4/ Hidrocarbons’ Reserves as of January 1st, 2023.
5/ According to CNH Regulation on Prospective and Contingent Resources, the Contingent Resources Report provided by the Operators is informative and does not involve auditing or validation by an
Independent Third Party (Reserves Evaluators) https://cnh.gob.mx/media/16413/lineamientos-de-recursos-prospectivos-y-contingentes.pdf.

Source: CNH

Production

Production
Liquid hydrocarbons
September 2019
1,712.7
Thousand barrels per day
Production

National production of hydrocarbons since 1960, disaggregated by license/entitlement or contract, location (state) and main production project. It includes natural gas production.

This section includes statistics related to Prospective Production of Hydrocarbons, calculated using information from Development Plans submitted by Operators and estimates made by the National Hydrocarbons Commission.

Reserves and resources

Reserves and resources
3P reserves
January 2018
25,106.1
Million barrels of oil equivalent
Reserves and resources

Hydrocarbons national reserves, by category 1P, 2P and 3P, disaggregated by oil field and license/entitlement or contract. It includes prospective resources and the relationship between production and reserves.

Petroleum activity

Petroleum activity
Wells
September 2019
7,873
Total wells
Petroleum activity

Indicators of the evolution of the oil industry in Mexico, such as the number of wells drilled and finished, disaggregated by type of well, location and operator. It includes the number of drilling rigs and the number and type of hydrocarbon-producing wells.

Entitlements and Contracts

Entitlements and Contracts
July 2019
111 Contracts
413 Entitlements
Entitlements and Contracts

Management of licenses/entitlements, contracts and tender processes in the hydrocarbons sector. It includes information related to the technical management and monitoring of licenses/entitlements and contracts.

Sales and prices

Sales and prices
MME price
November 20, 2019
49.58
Dollars per barrel
Sales and prices

Hydrocarbons' prices, according to international benchmarks.

Investments

Investments
Approved investments
August 2019
36.406
Billion dollars
Investments in Contracts and Licenses/Entitlements and payments to the Mexican Oil Fund

In this section, you will find information regarding investments in Exploration and Extraction Contracts disaggregated by type:

  • Estimated investment, showing total capital investment during project lifespan assuming commercial success.
  • Committed investment, according to the Minimum Work Program stipulated in each Contract.
  • Approved investment in Exploration and Development Plans.
  • Disbursed investment, using information on costs, expenses and investments registered with the Mexican Oil Fund.

In addition, you will find information regarding investments in Licenses/Entitlements, information investments as well as payments made to the Mexican Oil Fund by Licensees and Operators.