(Energy Analytics Institute, Jared Yamin, 12.Apr.2019) — Mexico’s National Hydrocarbons Commission (CNH by its Spanish acronym) announced the country’s combined proved (1P) natural gas and crude oil reserves fell 6.9% to 7.9 billion barrels of oil equivalent (Bn boe) in 2019 compared to 8.5 Bn boe in 2018, the agency announced April 12 (see Table 1).
![](https://energy-analytics-institute.org/wp-content/uploads/2019/04/cnh-mx-2019-1.png)
Based on current production, the country has enough 1P oil and gas reserves to last for another 8.5 years, CNH said.
Mexico’s 1P oil reserves fell 6.2% to 6.1 billion barrels (Bn bbls) in 2019 compared to 6.5 Bn bbls in 2018, while the country’s 1P gas reserves fell 3.7% to 9.7 trillion cubic feet (Tcf) compared to 10 Tcf, respectively.
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