Exxon group's Guyana oil output rose to 668,000 bpd last week

Reuters
Yesterday
Exxon group's Guyana oil output rose to 668,000 bpd last week

HOUSTON, May 6 - A consortium led by Exxon Mobil XOM.N that controls all oil and gas output in Guyana produced 668,000 barrels per day (bpd) of oil last week, the U.S. company's head for the South American country, Alistair Routledge, said in a conference on Tuesday.

The group, which is working to install its fourth floating output facility after receiving it in Guyana's waters in February, in March produced 627,000 bpd. The 631,000 bpd average achieved in the first quarter was 3% higher year-on-year, data from the country's energy ministry showed last month.

(Reporting by Sheila Dang and Marianna Parraga)

((marianna.parraga@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10