[Peakoil] Mexico's main oil source may be drying up

[Antony Barry]

Oil production falling at Cantarell as predicted
Huge field off Mexico declining at a very fast rate

By MARLA DICKERSON
Los Angeles Times

MEXICO CITY - Output at Mexico's most important oil field has fallen  
steeply this year, raising fears that wells that generate 60 percent  
of the country's petroleum are in the throes of a major decline.

Production at Cantarell, the world's second-largest oil complex, in  
the shallow Gulf of Mexico waters off the shore of Mexico's southern  
Campeche state, averaged just over 1.8 million barrels a day in May,  
according to recent government figures. That's a 7 percent drop from  
the first of the year and the lowest monthly output since July 2005,  
when Hurricane Emily forced the evacuation of thousands of oil  
workers from the region.



More at http://www.chron.com/disp/story.mpl/business/4068973.html


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