Mexico has never been a colossal producer, but an important one especially in the Americas. Unfortunately their time seems to be done. They are a country that has spent the past few decades burning through their reserves as fast as possible. They peaked at almost three and a half million BPD in the two thousands, and have been dropping ever since. Production in May this year was just over two million barrels per day. With all of their main fields continuing to age, production will only continue to decline, and they will eventually become an importing nation.
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