Mexico’s oil gas reserves slip in 2016

Reuters -Mexico’s oil and gas reserves fell last year as fewer discoveries of gas deposits offset a rise in additional crude reserves, the sector regulator said. Overall so-called 2P hydrocarbon reserves, or deposits considered proven and probable, fell nearly 6% in 2016 to total 16.77 billion barrels of oil equivalent (boe), compared to 2015 figures, regulator CNH said.

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