Oil Price – Mexico’s oil and gas regulator said last week that the country’s proved hydrocarbon reserves will drop by 10.6 percent in 2017. This forecast, coupled with the lower oil production that Pemex reported for yet another year in 2016, is painting a rather bleak picture of Mexico’s reserves.

http://oilprice.com/Energy/Crude-Oil/Are-Mexicos-Oil-Reserves-Almost-Depleted.html