Mexican state oil company Pemex expects to boost crude output over the next few years with a handful of joint ventures that will focus on onshore and offshore fields, a company official said, outlining areas it will seek to develop with outside producers.
New production from the future joint ventures, or farm outs, is forecast to add about 400,000 barrels in new daily crude output and bring the company's total to about 2.5 million barrels per day (bpd) in 2022, according to a presentation to investors published earlier this year.
Pemex's press office said this week . . .
Not ready to subscribe? Join the free Vallarta Daily Brief for local headlines, practical updates, and occasional free guides. Join Newsletter
