MEXICAN PETROLEUM | CIK:0000932782 | 3

  • Filed: 4/30/2018
  • Entity registrant name: MEXICAN PETROLEUM (CIK: 0000932782)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/932782/000119312518143901/0001193125-18-143901-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/932782/000119312518143901/ck0000932782-20171231.xml
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  • ifrs-full:DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory

    To determine the value in use of long-lived assets associated with hydrocarbon extraction, the net present value of reserves is determined based on the following assumptions:

     

    Average crude oil price    55.89 U.S. dollars/bl
    Average gas price    4.92 U.S. dollars /mpc
    Average condensates price    38.33 U.S. dollars /bl
    Discount rate    14.40% annually

    To determine the value in use of long-lived assets associated to hydrocarbon extraction, the net present value of reserves is determined based on the following assumptions:

     

    Average crude oil price    60.24 U.S. dollars/bl
    Average gas price    4.69 U.S. dollars/mpc
    Average condensates price    40.22 U.S. dollars/bl
    Discount rate    14.36% annually