The downward trend in output from Mexico’s state oil company Pemex continued in November as oil and gas production fell 2.7% and 2.3% respectively, from the previous month, company data showed Wednesday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now November oil production fell by 47,500 b/d month on month to 1.71 million b/d. Year on year, production fell by 150,000 b/d. This was the lowest production level since 1980, according to data from Mexico’s National Hydrocarbon Commission (CNH). Lower production came primarily from two offshore business units, Ku-Maloob-Zaap (KMZ) and Tabasco Offshore region. KMZ’s output fell by 19,000 b/d to 843,470 b/d in November. Pemex has not yet published November’s production broken down by field. However, total output at […]