Mexico's oil production experienced an overall declining tendency over the past decade, dipping below two million barrels per day in recent years. In comparison to the average 3.2 million daily barrels reported in 2008, this represents a decline of nearly 40 percent. In parallel, Mexico's oil reserves have also been on a mostly downward trend since the 1990's.
Oil production in Mexico from 2008 to 2023
(in million barrels per day)
Characteristic
Production in million barrels per day
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This report was previously published by BP.
Figures include crude oil, shale oil, oil sands, condensates and NGLs. Liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas are excluded, as well as oil shales/kerogen extracted in solid form.
Figures have been rounded.
This statistic was compiled using several releases of the publication.
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Energy Institute. (June 20, 2024). Oil production in Mexico from 2008 to 2023 (in million barrels per day) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/265183/oil-production-in-mexico-in-barrels-per-day/
Energy Institute. "Oil production in Mexico from 2008 to 2023 (in million barrels per day)." Chart. June 20, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/265183/oil-production-in-mexico-in-barrels-per-day/
Energy Institute. (2024). Oil production in Mexico from 2008 to 2023 (in million barrels per day). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/265183/oil-production-in-mexico-in-barrels-per-day/
Energy Institute. "Oil Production in Mexico from 2008 to 2023 (in Million Barrels per Day)." Statista, Statista Inc., 20 Jun 2024, https://www.statista.com/statistics/265183/oil-production-in-mexico-in-barrels-per-day/
Energy Institute, Oil production in Mexico from 2008 to 2023 (in million barrels per day) Statista, https://www.statista.com/statistics/265183/oil-production-in-mexico-in-barrels-per-day/ (last visited August 24, 2024)
Oil production in Mexico from 2008 to 2023 (in million barrels per day) [Graph], Energy Institute, June 20, 2024. [Online]. Available: https://www.statista.com/statistics/265183/oil-production-in-mexico-in-barrels-per-day/