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Oil reserves of Mexico fall by more than 7 percent at the start of 2018
March 25, 2018
Source: Reuters

Oil reserves of Mexico fall by more than 7 percent at the start of 2018

The data published by Mexico’s National Hydrocarbons Commission reveals that the proven oil reserves in Mexico have fallen by 7.4 per cent in the beginning of 2018. This analysis is in comparison with the previous year when the reserve had 8.483 billion barrels of crude oil equivalent (boe). The drop indicates the gap between the recent discoveries in oil and gas and the current levels of production.

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