HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 31.Jan.2025) — ExxonMobil Corporation has an eye on boosting upstream production to around 5.4 million barrels per day of oil equivalents (MMboe/d) in 2030 compared to 4.3 MMboe/d in 2024. This, as production was 4.6 MMboe/d in the fourth-quarter 2024 (4Q:24), up 20,000 boe/d driven by record production in Guyana and Permian compared to the 3Q:24.
“On upstream production, we delivered our best performance in over a decade at 4.3 million oil- equivalent barrels per day. And those aren’t just any barrels. In 2024, our advantaged assets – the Permian, Guyana, and LNG – represented more than 50% of production, a target that we achieved three years early,” Exxon SVP and CFO Kathy Mikells said 31 Jan. 2025 in prepared remarks.
