Exclusive-Mexican Pemex crude output reduced by 20,000 bpd after platform fire, source says

Reuters

Published Apr 09, 2024 04:57PM ET

By Ana Isabel Martinez

MEXICO CITY (Reuters) - Mexican Pemex crude oil production is down some 20,000 barrels per day following a fire at an offshore platform on Saturday that left several injured and at least one dead, a source at the state energy company said.

While the reduction amounts to a 1% decrease, a prolonged outage would further dent already falling crude oil production that hit its lowest level in 45 years in February.

The Akal-B platform in the Gulf of Mexico was still out of service on Tuesday as workers sought to restore operations, the source told Reuters, speaking on condition of anonymity because he was not authorized to speak publicly.

Pemex did not respond to a request for comment.

The company has not provided updates on the fire since Sunday, when it reported that it was carrying out an inspection and evaluating the causes of the fire "to reestablish operations at the processing center."

Pemex puts its current production of oil and condensate at 1.8 million bpd, of which 1.5 million is crude oil, the lowest level in 45 years.