Reuters logo
Exxon sees production falling about 1 percent in 2013
March 6, 2013 / 2:16 PM / 5 years ago

Exxon sees production falling about 1 percent in 2013

March 6 (Reuters) - Exxon Mobil Corp expects its total 2013 oil and natural gas output to fall about 1 percent, as the world’s largest publicly traded energy company produces less natural gas.

Output of higher-priced liquids like crude oil is expected to grow 2 percent this year while natural gas production falls about 5 percent, the company said Wednesday in a slide presentation ahead of its annual analyst meeting.

Last year, Exxon’s oil and gas production fell 6 percent to average 4.2 million barrels of oil equivalent (boe) per day.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below