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ExxonMobil’s net production up worldwide

Oil&Gas Materials 1 November 2019 17:51 (UTC +04:00)

BAKU, Azerbaijan, Nov.1

By Leman Zeynalova – Trend:

Net production of crude oil, natural gas liquids, bitumen and synthetic oil by the US-based ExxonMobil energy company worldwide stood at 2.392 million barrels per day in the third quarter of 2019, compared with 2.286 million barrels per day in the same period of 2018, Trend reports citing the company’s data.

The company saw a slight quarter-on-quarter increase in worldwide production, as in the second quarter of 2019, this figure equaled 2.389 million barrels per day.

This is while in the first nine months of 2019, ExxonMobil ‘s production worldwide rose from 2.238 million barrels per day in the same period of 2018 to 2.369 million barrels per day.

The highest increase in the company’s production was fixed in the US, where it rose from 555,000 barrels per day in the third quarter of 2018 to 654,000 barrels per day. In the first nine months of 2019, ExxonMobil produced 639,000 barrels per day, compared with 541,000 barrels per day in the same period of 2018.

This is while in Canada and other Americas, the company’s production stood at 464,000 barrels per day in the third quarter of 2019, compared with 454,000 barrels per day in the same period of 2018.

The production volume in other regions in the third quarter of 2019 is as follows: Europe – 113,000 barrels per day, Africa – 371,000 barrels per day, Asia – 738,000 barrels per day, Australia and Oceania – 52,000 barrels per day.

ExxonMobil, one of the world’s largest publicly traded energy providers and chemical manufacturers, develops and applies next-generation technologies to help safely and responsibly meet the world’s growing needs for energy and high-quality chemical products.

Its business divisions include Upstream, Chemical, Downstream, Natural Gas and Power Marketing.

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Follow the author on Twitter: @Lyaman_Zeyn

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