Mexico’s Unconventional Oil Plays Could Boost Production By 250,000 bpd

A couple of weeks ago, Mexico’s National Oil Company (NOC) and the federal administration unveiled the Pemex Strategic Plan 2025–2035, a comprehensive roadmap for Petróleos Mexicanos (Pemex) to boost oil production, reduce debt, and promote energy sovereignty through increased public and private investment. Key goals of the blueprint include achieving oil production of 1.8 million barrels per day by 2030, increasing natural gas output, securing funding through government support and private partnerships, and integrating energy…