Exxon Mobil Corp.'s (XOM) output is estimated to grow 2% to 3% this year from the 3.93 million barrels of oil equivalent per day it produced in 2009, the company said Thursday.
The largest U.S. oil company by market value also said it expects to lift production at a pace through 2013.
Exxon Mobil Corp.'s (XOM) output is estimated to grow 2% to 3% this year
from the 3.93 million barrels of oil equivalent per day it produced in 2009,
the company said Thursday.
The largest
U.S.
oil
company by market value also said it expects to lift production at a pace
through 2013.
Speaking to analysts during the company's annual meeting in
New
York
, Exxon Mobil Senior Vice President Andrew Swiger
said the company's production growth will be driven mainly by major projects
around the world. He added that company's production decline rate is expected
to be about 5% this year.
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