ExxonMobil’s oil-equivalent production averaged just below 3.65 million boe/d in Q2, down 7% from Q2 2017, while the company saw production in the Bakken and Permian surge by roughly 30% from the same quarter last year, the oil major reported Friday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The company’s natural gas volumes declined 10% from Q2 2017, largely due to a shift in US shale development from dry gas to liquids, lower seasonal demand in Europe and downtime in Qatar, Australia and Papua New Guinea, the company said. “Second quarter results were primarily impacted by significant scheduled maintenance undertaken to support operational integrity,” Darren Woods, Exxon Mobil’s chairman and CEO, said in a statement. In an earnings call Friday, Neil Chapman, an ExxonMobil senior vice president, called the upstream and downstream volumes a “low point” for the company. “Absent of some […]