Most production units remain shut down at PEMEX’s refinery in Deer Park, Texas due to severe cold weather from winter storm Elliot, reported Reuters. The unprecedented cold wave, which hit the US since last week, has already left at least 60 people dead and has led to the cancellation of thousands of flights.
One of the main problems Deer Park faces is that much of the steam supply was knocked out by the 47-degree drop in temperature. Earlier this week, President Andrés Manuel López Obrador said that up until last Friday, he had not received reports of damage to the complex. “I was with the director of Deer Park in Tabasco, we had a meeting with all managers and he did not inform me of any problems,” he said.
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Domestic Gas Production Grew in 2022: CNH
CNH reported that natural gas domestic production increased 14.4 percent year-on-year from 3.87Bcf/d to 4.43Bcf/d in November 2022. From October to November 2022, gas production also had a significant growth of 9.6 percent. Meanwhile, oil production fell 2.7 percent during the same period from 1.653MMb/d to 1.607MMb/d.
Oil Production Decreases to Pandemic Levels
PEMEX reported production of 1.60MMb/d in November, the lowest production level since July 2020. Fifty-two percent of the NOC’s production comes from the Maloob, Zaap, Quesqui, Ayatsil, Xanab, Balam, Tupilco Profundo and Yaxche fields.
PEMEX Reports Lower Income on Fuel Sales
PEMEX reported lower profit from fuels in November, despite higher demand and sales. The NOC produced 312.9Mb/d, 26.3 percent more than October and the highest production of the year.
Although PEMEX sold a total of 671.8Mb/d, 24Mb/d more than the previous month, the company reported an 11.2 percent profit decrease. In October PEMEX made MX$53.04 billion (US$2.73 billion) from fuel sales, while the following month this figure dropped to MX$47.07 billion (US$2.42 billion).
Woodside Explains Benefits of Vanguard Trion Field Ahead of FID
Do not miss MBN’s interview with Stephan Drouaud, Trion Project Director, Woodside Energy. Learn the insights behind the Australian energy company’s Trion deepwater project, jointly owned with PEMEX.
Present, Future of Natural Gas Vehicles For Transport In Mexico
“There is still a great deal of talk about natural gas as an alternative vehicle fuel in Mexico as well as the actions necessary for an exponential boom for this market in our country,” Andrés Bayona, President, AMGNV, wrote for MBN.
Read the full article to learn more about the challenges and opportunities for natural gas vehicles in Mexico.