Pemex had exclusive rights to oil exploration in the country. An energy reform established in 2014 put an end to the company's monopoly, allowing private companies to produce crude oil in the national territory. As a result, private production of crude oil in Mexico has increased constantly since 2016.
Crude oil production by private companies in Mexico averaged 63.3 thousand barrels per day in 2021, up from 53.9 thousand daily barrels a year earlier. For years, Mexican national oil corporation Crude oil production from private companies in Mexico from 2016 to 2021 (in 1,000 barrels per day)
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CNH (Mexico). (June 21, 2022). Crude oil production from private companies in Mexico from 2016 to 2021 (in 1,000 barrels per day) [Graph]. In Statista. Retrieved April 27, 2024, from https://www.statista.com/statistics/1118680/private-crude-oil-production-mexico/
CNH (Mexico). "Crude oil production from private companies in Mexico from 2016 to 2021 (in 1,000 barrels per day)." Chart. June 21, 2022. Statista. Accessed April 27, 2024. https://www.statista.com/statistics/1118680/private-crude-oil-production-mexico/
CNH (Mexico). (2022). Crude oil production from private companies in Mexico from 2016 to 2021 (in 1,000 barrels per day). Statista. Statista Inc.. Accessed: April 27, 2024. https://www.statista.com/statistics/1118680/private-crude-oil-production-mexico/
CNH (Mexico). "Crude Oil Production from Private Companies in Mexico from 2016 to 2021 (in 1,000 Barrels per Day)." Statista, Statista Inc., 21 Jun 2022, https://www.statista.com/statistics/1118680/private-crude-oil-production-mexico/
CNH (Mexico), Crude oil production from private companies in Mexico from 2016 to 2021 (in 1,000 barrels per day) Statista, https://www.statista.com/statistics/1118680/private-crude-oil-production-mexico/ (last visited April 27, 2024)
Crude oil production from private companies in Mexico from 2016 to 2021 (in 1,000 barrels per day) [Graph], CNH (Mexico), June 21, 2022. [Online]. Available: https://www.statista.com/statistics/1118680/private-crude-oil-production-mexico/