(CA356) - Average contractual price of hydrocarbons, license contracts

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Mexican Petroleum Fund
Average contractual price of hydrocarbons, license contracts\1

Period Number of contracts with production Contractual price\2
Oil Condensates Natural Gas \3\4\5
Dollars per barrel Dollars per million BTUs
Sep‑23 24 85.5 47.4 2.4
Oct‑23 26 82.4 40.8 2.6
Nov‑23 27 73.9 45.9 2.6
Dec‑23 28 70.4 41.1 2.6
Jan‑24 27 74.9 48.3 2.5
Feb‑24 25 74.3 43.5 2.8

Source: FMP calculations with information received by contractors, CNH, CRE and SHCP.
(N/E = data not available)
\1 Figures subject to review.
\2 Corresponds to the average price, weighted by the contractual production under license contracts in force. The determination of the contractual price strictly follows the estabished of each of the contracts.
\3 Corresponds to the average price weighted by the volume produced per natural gas component.
\4 Natural gas production does not include nitrogen or self-consumption.
\5 At the point of sale there is no distinction between associated and non-associated natural gas; therefore, only natural gas is reported.