Content Strengthening PEMEX in Achievements Challenges Financials of the Oil and Context Gas Industry
A Company Of Global Scale 13 In terms of revenue PEMEX is one of the leading companies in America and the World. 2009 2010 2011 2012 World Ranking 31 64 49 34 Source: Fortune 500 ranking 2012.
Essential Corporate to Mexico USMM PEMEX's revenues are higher than the total of the top 5 companies in the Mexican Stock Exchange (BMV), PEMEXs EBITDA is 47% higher than the sum of all the listed companies. This shows good cost…
An Engine Of Growth in Mexico USMM PEMEX invests more than double the amount of what the largest company in the Mexican Stock Exchange invests, furthermore Pemex invests an amount higher to the sum of the total investment made by…
Key Contributor to the Mexican Government Taxes and Duties (USMMM) Revenues from the oil and gas industry as % of the GDP 2006 2007 2008 2009 2010 2011 2012 8.3% 7.8% 8.7% 7.4% 7.5% 7.7% 7.6% Source: SHCP and PEMEX 2012…
Key Player on a Global Scale 5th largest crude oil producer 3rd largest crude oil exporter to the USA 13th in crude oil reserves, a strong position considering the company's organic growth. 15th in product sales. (1)…
Content Strengthening PEMEX in Achievements Challenges Financials of the Oil and Context Gas Industry
Significant Efforts to Stabilize Production Mbd 3,000 3,500 Historical Forecast Integrated 3,000 Contracts Development 2,500 Ku-Maloob-Zaap Tsimin Xux 2,000 Aceite Terciario Ayatsil Tekel Cantarell del Golfo Integrated 1,500…
Strategies that Stabilized Production Enhanced Recovery Methods Applied at Target Fields Ogarrio Mbd Terra 420 Ixtoc 350 Homol 280 Tizon 210 May 140 Teotleco 70 Kab 0 Yaxche Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Sihil…
Stable Production Mbd
Low Cost Production and Replacement Production Costsa,b Finding and Development Costsc,d USD 2012 / boe USD 2012 / boe Production Costs1 Finding and Development Costs2,3 USD 2011 / boe USD 2011 / boe a) Data in real terms after…
2nd year of Replacement Rate Above 100% Reserves Replacement Rate The 1P Reserve Replacement Rate has been above 100% for two consecutive years E stands for estimated. 13 P stands for preliminary.
New Business Model Adds Execution Capacity Integrated service contracts with performance incentives First Round - 2011 Second Round - 2012 Mature Fields Mature Fields South Region North Region 3 Blocks 5 Blocks Expected…
Achievements in Downstream Business line Project Benefits Improve the refining margin Minatitln of the National Refining System (NRS). Improve the operating Refining performance of the NRS. Improvement of 371 opportunities…
Content Strengthening PEMEX in Achievements Challenges Financials of the Oil and Context Gas Industry
PEMEXs Production Outlook Mbd 3,000 3,500 Historical Forecast Integrated 3,000 Contracts Development 2,500 Ku-Maloob-Zaap Tsimin Xux Aceite Terciario Ayatsil Tekel 2,000 Cantarell del Golfo Integrated 1,500 Contracts ATG…
Harvesting Our Most Promising Reserves Producing Basins MMMboe (billion barrels of oil equivalent) Oil and Gas Reserves Prospective Acum. Resources Gas Basin Prod. No 1P 2P 3P Conv. Conv. Southeastern 45.4 12.1 18.0 24.4 20.1…
Integrated Contracts: Chicontepec (ATG) Accumulated 3P Prospective Type of Area Production Reserves Resources Hydrocarbon Blocks (km2) (Mboe) (MMboe) (MMboe) API Pitepec 230 94 1,048 252 32 - 38 Soledad 125 40,376 134 128 32…
Confirming Deepwater Potential Total investment 2002-2012: 69 billion pesos. 3D seismic acquisition: 124,790 km2. Wells Drilled: 25, 14 of which are producers. Certified 3P reserves: 1,677 MMboe. Success rate 56%. PEMEX has…
Confirming Shale Resources Potential EIA estimate of 681 TCF, ranked as 4th largest reserve worldwide. PEMEX estimates a total amount of 60.2 billion BOE of prospective resources of shale gas/oil, about 2.5 7x Mexicos 3P…
Future Goals in Downstream Operational, administrative and Capture economic Refining structural opportunities improvements Expand the pipeline Increase processing Gas and Basic network in the and transportation Petrochemicals…
Content Strengthening PEMEX in Achievements Challenges Financials of the Oil and Context Gas Industry
Financial Highlights U.S. billion. 2008 2009 2010 2011 2012 Total Revenues from 98.2 83.5 103.8 111.4 126.6 Sales and Services1 Gross Income 49.9 40.5 52.7 55.7 62.6 Operating Income 42.3 32.8 44.2 61.6 69.6 Income before Taxes and…
A Track Record of Positive Results USMMM 13.6% In 2012 total revenues were the highest in the history of PEMEX, as a result of the stability of our production platform, as well as in international oil prices 15.1%…
Investing To Meet Our Long-term Goals U.S. Billion Dollars Pemex- 2.0% Petrochemicals 4.4 Pemex-Gas and 2.0% Basic Petrochemicals 17% Pemex-Refining 19.9 Pemex- 79% Exploration and Production Figures are nominal and…
Manageable Financing Requirements Billion Dollars The investment budget of PEMEX has gradually increased The use of internal resources remains the main source of funding PEMEX is seeking new alternatives to optimize the use of…
Expected Sources and Uses of Funds 2013 U.S. Billion Dollars Price: 85.0 USD/b Exchange rate: Ps. 12.9/USD Crude oil production: 2,550 Mbd Crude oil exports: 1,184 Mbd Sources Uses 6.7 Net Indebtedness: 3.3 USD
Petrleos Mexicanos Peso Debt Issuance During 2013, PEMEX will be a frequent and predictable issuer in the local market, by establishing a quarterly issuance program Type of Issuance First Second Third Fourth TOTAL (Figures are…
Content Strengthening PEMEX in Achievements Challenges Financials of the Oil and Context Gas Industry
Streamline to Enhance Efficiency Corporate Actual Organizational Structure Restructuring New Structure Standardize Processes Higher Efficiency Higher Better Accountability Profitability Expedite Decision-Making Process
Strengthening of the Oil and Gas Industry New Regulatory System Increase Access to Joint Ventures & Adequate and Low Alliances Cost Energy Energy Reform 2nd Half of 2013 Market Oriented Generate Value Framework…
Conclusions Dominant oil producer essential to Mexico Broad Track record of implementation positive of more financial and efficient operating business models results Strategy in place to realize vast potential
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