Income to the Mexican State from exploration and production activities in February 2024 totaled 1,406 million dollars.
As of February 29, 2024, income to the Mexican State through the Mexican Petroleum Fund (FMP) from hydrocarbon exploration and production activities reached 195,835 million dollars, reported the National Hydrocarbons Commission (CNH).
During the second month of the year, 1,406 million dollars entered the state into the FMP, derived from the compensation for the exploration and production activities carried out in the country.
The figure is higher compared to what was recorded in the months of October 2023 to January 2024, when Petróleos Mexicanos (Pemex), received a tax stimulus not to pay shared utility, extraction and exploration rights to the Ministry of Finance.
The income of the Mexican state had suffered a constant drop since May 2022, however, this trend has reversed since May 2023, adding five consecutive months with increases, and then falling due to lack of payment by the productive company. of the state.
According to the information published by the regulator, in February the assignments of Pemex Exploration and Production gave the country income of 1,158 million dollars, 82% of total income, a drop of 10% compared to the month of September of the year. past.
While the compensation paid by the round contracts totaled 247 million dollars, equivalent to 18% of the income.
From 2015 to date, the Mexican State has received 195,835 million dollars, of which 185,390 million belong to assignments, while the contracts have generated income of 10,445 million and 860 million from signature bonuses. of the contracts.
83% of the income to the state from Pemex allocations is from the Shared Utility Right (DUC), 17% from the Right to hydrocarbon extraction and 0.3% from the Right to hydrocarbon exploration.
In the contracts, 79% belong to net marketing income, 8% from the signature or tie bonus, 6% from the additional royalty concept, 5% from the contractual fee for the exploratory phase and 2% from the base royalty. .
While the hydrocarbon exploration and extraction tax collected 34 million dollars in February to accumulate a total of 2,759 million from 2015 to date.
