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Exxon Mobil eyes 2 million bpd of output in Delaware by 2027
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Exxon Mobil eyes 2 million bpd of output in Delaware by 2027
Mar 19, 2024 6:57 AM

March 19 (Reuters) - Exxon Mobil ( XOM ) will bring

Delaware Basin oil output from its 2017 Bass acquisition to 2

million barrels per day by 2027, while also ramping up

production in Guyana, Vice President of Global Exploration John

Ardill said on Tuesday at a conference in Houston.

Exxon acquired 250,000 acres in the Permian basin from the

Bass family in 2017, which was estimated to hold some 3.4

billion barrels of oil equivalent. The company is also planning

to bring Guyana oil output to 1.2 billion barrels per day by

2027.

EXXON MOBIL TO BRING DELAWARE BASIN OUTPUT FROM BASS

ACQUISITION TO 2 MILLION BPD IN SAME FRAME AS GUYANA BY 2027 -

COMPANY VICE PRESIDENT JOHN ADRILL

(Reporting by Georgina McCartney in Houston)

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