International., 1925-11-22
A BRIEF REVIEW OF THE
PETROLEUM INDUSTRY in
MEXICO

(From Mexican Embassy. Office
of the commercial attache, Wash f,
ington, D. CO. T..
From the date the first well was
drilled, to June 3Oth, 1925, petrol
cum production in Mexico amount
ed to 1900, ,342,108' barrels, with
an estimated value Of $2,1O8, ,644.-
90 Mexican Pesos. Zone Peso -
$3.50 u. S. Cy.) Production dur
ing 1901 amounted only to 1O,-'
345 barrels; 1,005, 900 barrels in
1907; 12,532,798 barrels in 1871;
87,O72,954 barrels in 1919; 1877
O68,678 barrels in 1920; 193,397,-
587 barrels in 1921; 182,278,457
barrels in 1922; 149,584,856 bar
rels in 1923 and 139,678,294 bar
rels in 1924.
During the first semester OF
1925 production amounted to 3d.
636,659j barrels. Exports during
the wear 1924 amounted to 129,-
699,7888 barrels, Of which the
port of Tampico handled 120, 1885,
218 barrels; Puerto Lobos and
Tuxpan 8,26O,224 barrels and
other ports 1,151,S47 barrels.
Of the above exports, which re-
represent value of 1928, 3,349,-
O24.OO Mexican Pesos, the United
States took $211,6 10000;
Great Britain $28,936,657.00;|
Cuba $15,232,323.OO; Argentina
$7,5O7, ,739.OO, and the balance
was exported to different other
countries in smaller quantities.
The bulk of the production is
obtained from the oil camps sit
uated in the Ozuluama and Tux
pan Districts in the State of Vera
Cruz; the Wales District in the
State of San Luis Potosi, and a
small portion of Southern Tamau-
lipas. During June, 1925, there
were ten oil companies with an
individual monthly production
varying from 100000 to 2,100,-
900 barrels, and sixty-three other
rompanies with productions vary
ing from 100 to 100000 barrels
per month.
For a good many years Mexico
has been holding it's place as the
worlds second producer of petro-
leum. During the year 1924, the
United States produced 714,000,-
900 barrels; Mexico 139,678,294
barrels; Russia 45,162,000 barr
rels; Persia 31,845,O00 barrels;
the Dutch East Indies 21,0O0,O00l
barrels; Roumania> 13,296,000l
barrels; Venezuela 9,500,000 bar
rels; India 8,15O,000 barrels;
PERI 7.812,OO0 barrels; Poland
5,710,000 barrels and different
other countries from 100000 to
1000 barrels.
Petroleum production in Mexico
during 1924 consisted of 100,
STA O37 barrels crude and 49,
104257 barrels light crude, of
which 67.459 1868 barrels were
handled by the refineries, obtain
inc 43415,286 barrels Fuel Oil;
8.939.669 barrels Crude Gasoline;
5.032,755 barrels Refined Case
line. and substantial amounts of
Crude and Refined Kerosene, Gas
Oil. lubricants, Crude and Re-
fined Paraffine. Asphalt and other
minor byproducts.
During the year 1924 the num-
Der of wells brought into produc-
tion totalled 296, with a Joint
initial dailv output if 1,001.431
barrels. On December 31st, 1924,
there were 1860 productive wells
in operation with a daily poten-
tial OUTPUT of 1925 400 barrels.
At the above date the pipe lines
covered 4357 kilometers with a
carrying capacitv of 1695, 5,275
barrels rer day, without taking in
to consideration the tankers along
the rivers which can handle daily
100000 barrels. Storage is repre-
sented by 1880 steel tanks with
canacitv of 82.212,212 barrels.
The total investment in the oil
industry in Mexico t. date amounts
to S779 931.1250O Mexican Pesos,
of which only 23q6 was invested
prior to 1917. The value Of the
lands on which the oil companies
are operating is estimated to re-
present the sum of $685. ,000.-