Forward-Looking Statement and Cautionary Note (2/3) Fiscal Regime Since January 1, 2006, PEMEX has been subject to a new fiscal regime. Pemex-Exploration and Productions (PEP) tax regime is governed by the Federal Duties Law, while…
Investment Considerations Financial Strength Operational Performance One of the main enterprises in Latin Worlds fourth-largest oil producer. America, with revenues of US111 billion. Third-largest supplier of foreign crude oil to…
1H12 Financial Highlights As of June 30 As of June 30 2011 2012 2011 2012 Billion Pesos Variation Billion Dollars Total revenue from sales and 746.0 817.4 9.6% 63.0 59.9 services1 Gross Income 390.3 421.9 8.1% 32.9 30.9 Operating…
Relative position of PEMEX in the Mexican market (1/2) USMM 130,903 53,696 Revenue 125,780 PEMEX's revenues are comparable to the top 5 companies with most income 30,743 in the Mexican Stock Exchange (IPC), however, PEMEXs EBITDA…
Relative position of PEMEX in the Mexican market (2/2) USMM CAPEX 23,200 19,957 9,701 1,481 1,079 857 780 776 626 551 513 416 3,177 IPC America Walmart Grupo Femsa Televisa Peoles Minera Alfa Bimbo Liverpool Otros PEMEX…
Profitability 2011 (USMM) Exxon Royal Dutch Shell Statoil BP Chevron Petrobras PEMEX Total Sales 433,526.00 470,171.00 115,281.98 375,517.00 236,286.00 146,294.36 111,393.00 Gross Income 71,168.00 73,669.00 58,211.42 61,954.00 44,260.00…
Reserves and Prospective Resources Total Reserves by Area Producing Basins Oil and Gas as of January 1, 2012 Gas MMMboe (billion barrels of oil equivalent) Basin 3P1 2P1 1P1 Burgos and Sabinas 0.8 0.6 0.4 Deep-waters 0.7 0.2 0.1…
Sustained Increase of the Reserve Replacement Rate Reserves Replacement Rate 140% 128.7% 120% 102.1% 103.9% 107.6% 100% 101.1% The 100% 1P Reserve 80% 59.2% 59.7% 65.7% 56.9% 85.8% Replacement Rate 60% 71.8% 77.1% Goal was reached…
Main Discoveries 2006-2011 3P Reserves (Million barrels of oil equivalent) Heavy oil Tsimin 1,137.9 Light oil Gas Xux 836.0 Kayab 756.4 Ayatsil 596.1 Main discoveries 2011 Pit 375.9 Kinbe Located in the Gulf of Mxico, 22 meters…
Production Aligned to Goals Mbd 2,500 2,550 2,560 2,607 2,578 2,567 2,552 2,572 2,558 2,525 2,547 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 2012E 2010 2011 PEF 2010 PEF 2011 Significant operational efforts have been made…
Evolution of Crude Oil Production Mbd 2,500 Cantarell Actual CAGR1: 7.9% Forecast 2,000 1,500 Produccin w/o Cantarell 1,000 500 Today PEMEXs production depends on a greater number of producing assets. 0 1997 1999 2001…
Improved Exploitation Strategy at ATG/Chicontepec Field Laboratories Sector 1 5 Field Labs Other Activities Coyotes Focused on value creation Sector 3 Sector 2 Improved well Sector 5 productivity Sector 4 Enhanced recovery…
Integrated Contracts: Mature Fields Offered Rate Min. Investment Field Company US/b USMM Incremental Production (Mbd) Magallanes Petrofac Facilities Mngt. Ltd. 5.01 205 1st 55 Santuario Petrofac Facilities Mngt. Ltd. 5.01 117…
Activities in Deepwaters Relevant Efforts in Deepwaters Total investment 2002-2011: 49 billion pesos. 3D seismic acquisition: 107,762 km2. Wells Drilled: 20, 10 of which are producers. Certified 3P reserves: 736 MMboe.…
New Business Models - Downstream Project Gas Pipelines PEMEX Mexichem Partner 1. Joint Venture PEMEXs Joint Venture 2. Fixed assets Participation 3. Supply of raw materials Natural Gas and LPG transportation to power…
Industrial Processes Operational, administrative Capture Economic Refining and structural Opportunities improvements Expand the Increase Gas and Basic pipeline network processing and in the northern transportation…
Refining: Operational Performance Improvement Program (MDO) 230 opportunities identified in 4 out of 6 worth 1.2 billion USD when fully captured refineries No. Of opportunities Million USD per annum Conceptual 85 Conceptual 0 stage…