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April 26, 2015 7:02 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Pemex Exploración y Producción

Company Overview

Pemex-Exploración y Producción explores for and produces crude oil and natural gas primarily in the northeastern and southeastern regions of Mexico, and offshore in the Gulf of Mexico. The company’s interests in the Marine regions comprise the Northeastern Marine and the Southwestern Marine regions, which cover an surface area of approximately 550,000 square kilometers; the Southern region covers an area of approximately 392,000 square kilometers; and the Northern region covers an area of approximately 1.8 million square kilometers. As of December 31, 2013, its proved developed and undeveloped reserves of crude oil, condensates, and liquefiable hydrocarbons consisted of 11,079 million barrel...

Avenida Marina Nacional No. 329

Colonia Petróleos Mexicanos

Mexico, DF 11311


53,404 Employees


52 55 1944 2500

Key Executives for Pemex Exploración y Producción

Chief Executive Officer and General Director of Exploration & Production
Age: 56
Associate Managing Director of Finance - Petróleos Mexicanos
Compensation as of Fiscal Year 2014.

Pemex Exploración y Producción Key Developments

Pemex -Exploration and Production Appoints Gustavo Hernandez as General Director

Pemex -Exploration and Production has appointed Mr. Gustavo Hernandez as General Director of Exploration & Production, as of June 1, 2014. Mr. Hernandez has served as Acting Director of E&P since February 7, 2014. He is currently President of the Specialized Commission on Petroleum Engineering of the Academy of Engineering.

Pemex Exploración y Producción Appoints Gustavo Hernández García as CEO

Pemex Exploración y Producción has appointed Gustavo Hernández García as its new CEO, who will take the helm with immediate effect. Hernández García has worked in Mexico's oil and gas sector for more than 30 years, both as an academic and researcher at the Mexican petroleum institute (IMP) and in various posts within Pemex. The positions he has held include oil wells director, deputy director of offshore production and head of planning for the northeastern offshore area. He was also PEP's deputy director of planning and was president of the national college of oil engineers until 2012. Hernández García was formally appointed to the post by Mexican president Enrique Pena Nieto.

Pemex-Exploration and Production Announces Director General Changes

Mr. Emilio Lozoya Austin, Director General of Petróleos Mexicanos, accepted the resignation of Mr. Carlos Morales Gil as Director General of Pemex-Exploration and Production (PEP), a subsidiary of Petróleos Mexicanos. Mr. Gustavo Hernández García, who has served as Deputy Director of Planning and Evaluation of PEP since 2010, will replace Mr. Carlos Morales Gil as Acting Director General of PEP.

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