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Center for the U.S. and Mexico | Mexico Center

Oil and Gas in Mexico: Geology, Production Rates and Reserves

Oil and Gas in Mexico: Geology, Production Rates and Reserves.

Historically, Mexico has been one of the largest producers of oil in the world, but its existing reserves are low, and at the present rate of production, will last only about nine more years. Large investments will be necessary, and risks associated with these efforts will be large.

Manik Talwani, Research Professor of Earth Science, Rice University