MEXICO CITY, Jan 26 (Reuters) - Crude oil output from Mexico's huge but aging Cantarell offshore field fell to 1.260 million barrels per day in December, the energy ministry reported on Saturday.
It was the field's lowest monthly output level last year and a 16 percent drop from December 2006's 1.493 million bpd.
The fall in output meant Cantarell, the jewel of Mexico's oil industry since the late 1970s but now in decline, accounted for just 43 percent of Mexico's oil production in December. For years it had accounted for 60 percent of output.
This article is very significant because oil is at the top of many countries priority lists and this will effect many countries.
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