The oil discoveries have increased: CNH



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CITY OF MEXICO

The National Hydrocarbons Commission (CNH) stated that, last year, oil discoveries have increased significantly, a trend that should continue with the development of projects awarded in the CNM released the latest statistics showing that in 2017, it reached 381 million barrels of oil equivalent in 2P reserves (tested and probable), which would represent an increase of 130.9% if we compare to the level of 360 million barrels of oil equivalent of 2016.

The data that stands out, has to do with natural gas resources, like the year last reported to CNH discoveries for 994 billion cubic feet, 272 percent more than in 2016. From 2013 to date have been discovered 49 fields that have incorporated reserves for a total volume of 917 million barrels of oil and two thousand and forty-one m In 1965, Pemex announced the discovery of the Ixachi field, incorporating reserves of 65.6 million barrels of oil and 761.8 billion cubic feet of gas, "the document says.

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