Data from Mexico’s Energy Ministry available on the Sistema de Información Energética (SIE) shows an ongoing steep decline in crude oil production from the giant Cantarell offshore complex in May 2008, with output from the main field, Akal-Nohoch, dropping below an average 1 million barrels per day to 994 thousand barrels per day—its lowest level since February 1996.
|Average daily crude output (by month) from the Cantarell complex. Click to enlarge.|
Total output from the Cantarell complex in May 2008 dropped to 1.038 million barrels per day, the lowest total output since January 1996. Cantarell hit its peak monthly production rate in December 2003, at 2.193 million barrels per day, according to SIE data.
Total Mexican crude output in May 2008 dropped to 2.798 million barrels per day, down from its peak monthly production of 3.455 million barrels per day in December 2003.