Академический Документы
Профессиональный Документы
Культура Документы
Upstream
Total hydrocarbons (Mboed) 2,997 2,389 -20.3% (609) 3,087 2,657 -13.9% (430)
Liquid hydrocarbons (Mbd) 2,172 1,912 -12.0% (260) 2,219 2,001 -9.8% (218)
Crude oil (Mbd) 2,138 1,884 -11.9% (255) 2,182 1,971 -9.6% (210)
Condensates (Mbd) 33 28 -15.1% (5) 38 30 -19.3% (7)
Natural gas (MMcfd)(1) 5,697 4,857 -14.8% (840) 5,893 5,161 -12.4% (732)
Downstream
Dry gas from plants (MMcfd)(2) 2,994 2,685 -10.3% (308) 3,117 2,747 -11.9% (370)
Natural gas liquids (Mbd) 317 274 -13.6% (43) 311 292 -6.4% (20)
Petroleum products (Mbd)(3) 876 662 -24.4% (214) 1,016 847 -16.7% (169)
Petrochemical products (Mt) 1,010 847 -16.2% (163) 3,206 2,675 -16.6% (531)
(1) The Macuspana-Muspac Asset was created in August 2011 and designated as a separate asset in 2012.
(2) The Aceite Terciario del Golfo Asset was created in 2008, when the fields that comprise it were divested from the Poza Rica-Altamira Asset.
PEMEX
Natural Gas Production and Gas Flaring
2015 2016
2013 2014 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
(MMcfd)
Total (1) 6,370 6,532 6,604 6,282 6,405 6,316 6,104 5,880 5,697 5,492
Northeastern Marine Region 1,412 1,692 1,831 1,835 1,871 1,797 1,704 1,753 1,818 1,820
Cantarell 1,007 1,121 1,317 1,294 1,314 1,184 1,125 1,142 1,227 1,244
Ku-Maloob-Zaap 405 571 514 542 557 612 579 611 591 576
Southwestern Marine Region 1,327 1,396 1,500 1,297 1,489 1,512 1,465 1,364 1,288 1,246
Abkatún-Pol Chuc 579 553 528 353 472 472 454 395 366 348
Litoral Tabasco 748 843 972 944 1,017 1,040 1,010 969 923 898
Southern Region 1,571 1,515 1,374 1,379 1,382 1,386 1,351 1,276 1,222 1,153
Cinco Presidentes 129 153 158 162 164 156 153 140 133 125
Bellota-Jujo 320 289 265 265 266 262 250 237 229 210
Macuspana-Muspac(2) 515 491 466 471 448 436 431 395 366 337
Samaria-Luna 606 583 485 481 504 531 518 504 493 480
Northern Region 2,061 1,929 1,899 1,772 1,663 1,622 1,584 1,487 1,369 1,273
Burgos 1,287 1,221 1,222 1,124 1,043 1,010 993 918 811 739
Poza Rica-Altamira 112 103 100 102 101 103 102 99 98 93
Aceite Terciario del Golfo(3) 167 150 147 145 144 145 145 143 142 140
Veracruz 495 455 429 400 375 365 344 327 318 302
Nitrogen 691 774 850 884 904 947 930 935 928 912
Southern Region 88 111 106 109 125 138 131 123 122 113
Bellota-Jujo 23 51 43 37 36 35 36 31 32 25
Samaria-Luna 65 60 63 71 89 103 96 92 90 87
Northeastern Marine Region 603 663 744 775 778 809 798 812 806 800
Cantarell 603 663 744 775 778 809 798 812 806 800
As of September 30,
2016 2017 Change
Offshore platforms 254 256 0.8% 2
Storage 1 1 0.0% -
Compression 10 10 0.0% -
Control and service 1 1 0.0% -
Linkage 13 13 0.0% -
Measurement 1 1 0.0% -
Drilling 173 175 1.2% 2
Production 25 25 0.0% -
Telecommunications 7 7 0.0% -
Treatment and pumping 1 1 0.0% -
Housing 22 22 0.0% -
PEMEX
Drilled and Operating Wells
(821)
(412)
(409)
PEMEX
Average Operating Drilling Rigs
Note: "Other" includes muriatic acid, butadiene, polyethylene wax, petrochemical specialities, BTX liquids, hydrogen, isohexane, pyrolysis liquids, oxygen, CPDI, isopropyl
alcohol, amorphous gasoline, octane basis gasoline and heavy naphtha.
PEMEX
Industrial Safety and Environmental Protection
Change
(85)
127
62
16
57
(17)
8
1
(0.01)
(37)
PEMEX
Average Exchange Rates and Reference Data
(1) Includes propylene refining, asphalts, shrinkage, sulfur, hexane, solvent L and others.
(2) Includes Pemex Petrochemicals, Pemex Fertilizers, Pemex Ethylene and Pemex Fertinal
PEMEX
Operating Costs and Expenses
Note: "Other" includes depreciation, amortizations, impairment, net cost for the period of employee benefits, preservation and maintenance, exploration expenses, non-successful wells, inventories variation, subsidiary entities consolidation net effect.
PEMEX
Interest expense & interest income
As of September 30,
Pemex - Exploration and Production 2016 2017 Change
As of December 31, As of September 30, As of December 31, As of September 30, As of December 31, As of September 30,
2016 2017 2016 2017 2016 2017
Note: the fair value of the Derivative Financial Instruments has been adjusted in accordance with International Financial Reporting Standards (IFRS).
PEMEX
Consolidated Statements of Cash Flows
As of September 30,
2016 2017 Change 2017
(MXN million) (USD million)
Operating activities
Net income (loss) (263,802) 18,908 -107.2% 282,710 1,039
Items related to investing activities 2,201 147,955 6623.5% 145,755 8,130
Depreciation and amortization 93,223 109,943 17.9% 16,720 6,042
Impairment of properties, plant and equipment (99,036) 36,481 -136.8% 135,517 2,005
Unsuccessful wells 24,713 4,258 -82.8% (20,455) 234
Retirement of property, plant and equipment 3,288 3,393 3.2% 105 186
Profit from acquisition of businesses (5,579) - -100.0% 5,579 -
Profit in the sale of associates (15,211) - -100.0% 15,211 -
Effects of non-consolidated subsidiaries and affiliates (734) (112) -84.7% 621 (6)
Dividend revenue (128) (181) 41.1% (53) (10)
Effects of net present value of reserve for well abandonment 1,664 (5,828) -450.3% (7,491) (320)
Activities related to financing activities 240,576 (89,963) -137.4% (330,539) (4,944)
Amortization of primes, discounts, profits and debt issuance
(876) (2,160) 146.6% (1,284) (119)
expenses
Interest expense (income) 68,811 76,971 11.9% 8,160 4,230
Unrealized loss (gain) from foreign exchange fluctuations 172,641 (164,773) -195.4% (337,414) (9,055)
Subtotal (21,025) 76,900 -465.8% 97,926 4,226
Funds provided by (used in) operating activities (48,242) (77,289) 60.2% (29,047) (4,247)
Financial instruments for negotiation (13,782) (34,617) 151.2% (20,836) (1,902)
Accounts and notes receivable (40,686) (13,405) -67.1% 27,281 (737)
Inventories (526) (11,724) 2128.4% (11,197) (644)
Long term accounts and notes receivable - (4,021) #DIV/0! (4,021) (221)
Intangible assets - 95 #DIV/0! 95 5
Other assets (4,896) (5,419) 10.7% (523) (298)
Accounts payable and accrued expenses 7,930 5,760 -27.4% (2,170) 317
Taxes paid (5,289) 7,527 -242.3% 12,816 414
Suppliers (43,360) (57,873) 33.5% (14,513) (3,180)
Reserve for diverse credits 5,178 (10,338) -299.7% (15,515) (568)
Reserve for employees benefits 48,019 43,601 -9.2% (4,418) 2,396
Deferred taxes (829) 3,126 -476.9% 3,955 172
Net cash flow from operating activities (69,267) (388) -99.4% 68,879 (21)
Investing activities
Acquisition of property, plant and equipment (90,874) (43,781) -51.8% 47,093 (2,406)
Exploration expenses (15,015) (1,005) -93.3% 14,010 (55)
Resources from divestment of financial assets - 684 684 38
Resources from divestment of fixed assets 22,685 - -100.0% (22,685) -
Acquisition of businesses (3,909) - -100.0% 3,909 -
Net cash flow from investing activities (87,113) (44,102) -49.4% 43,011 (2,423)
Cash needs related to financing activities (156,380) (44,490) -71.5% 111,890 (2,445)
Financing activities
Increase of contributions from the Federal Government 73,500.0 - (73,500.0) -
Loans obtained from financial institutions 556,476 540,761 -2.8% (15,715) 29,716
Amortization of loans (317,463) (424,657) 33.8% (107,195) (23,336)
PEMEX
EBITDA Reconciliation
Petróleos
Exploration and Commercial Mexicanos and Intersegment
Production entities Subsidiary eliminations
Companies