Exxon expects more money with ramped up production in Guyana, Permian basin

Exxon expects more money with ramped up production in Guyana, Permian basin
expanded its production capacity from 120,000 barrels per day to 140,000 barrels per day.

With this oil ship currently producing 130,000 barrels of oil per day in the Liza Phase 1 development, where Guyana’s oil production first began in 2019, it is expected to reach full capacity by the second quarter of 2022.

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