Mexico’s declining oil output has been evident for some time now – and it suffered a symbolic setback when its massive Cantarell field fell so sharply that it lost its place as the country’s number one field.
Analysts at Barclays Capital point out that this year’s decline will actually be slightly less bad than last year’s:
Read the whole thing at FT Energy Source >>
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See Also:
- Is China About To Make A Monster $7.5 BILLION Oil Acquisition In The Gulf Of Mexico? (DVN)
- Threat Of Downgrades Has Mexico In A Downward Spiral
- Now China’s Buying Oil In The Gulf Of Mexico