Exxon Mobil Corp (XOM) Financial News - Exxon Mobil Ends Oil Output at Xikomba Field in Angola
Exxon Mobil Corp (XOM)
Exxon Mobil Ends Oil Output at Xikomba Field in Angola
2011-08-04 06:41:14Quote: 3 to say 90,000 barrels a day was the peak output, not average.) Exxon Mobil Corp. (XOM)â€™s Angolan operating unit is ceasing production at its Xikomba oil field as the depositâ€™s life cycle of about seven years is â€œending now,â€ said Fernando Pegado, a company spokesman. Production at the field, some 145 kilometers (90 miles) offshore in Angolaâ€™s Block 15, started in 2003 and has yielded â€œclose toâ€ 100 million barrels in total, Pegado said today by phone from Luanda. Peak output was 90,000 barrels a day and the company is now carrying out â€œdecommissioning activities,â€ he said. The last export cargo of Xikomba crude was shipped in March, according to loading programs tracked by Bloomberg. Angola. email@example.com firstname.lastname@example.org ...
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