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Tag: ExxonMobil
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ExxonMobil Earns $1.8 Billion
IRVING, Texas, Petrominer — Exxon Mobil Corporation today announced estimated first quarter 2016 earnings of $1.8 billion, or $0.43 per diluted share, compared with $4.9 billion a year earlier. The impacts of sharply lower commodity prices and weaker refining margins were partly offset by strong Chemical results. “The organization continues to respond effectively to challenging…
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ExxonMobil Starts Production at Point Thomson
IRVING, Texas, Petrominer — ExxonMobil said today it has started production at its Point Thomson project, the first company-operated project on Alaska’s North Slope. Central pad facilities are designed to initially produce about 5,000 barrels per day of condensate and 100 million standard cubic feet per day of recycled gas. The recycled gas is re-injected…
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ExxonMobil Starts Production at Julia Oil Field
IRVING, Texas, Petrominer — Oil production has started under budget and ahead of schedule at the Julia oil field in the Gulf of Mexico, Exxon Mobil Corporation said today. The first production well is now online and a second well will start production in the coming weeks. The Julia development is located approximately 265 miles…
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