Launching Baytown carbon capture, hydrogen project Proceeding with Gulf Coast Permian processing project ExxonMobil sees production volumes from the Permian Basin and offshore Guyana potentially combining for close to 2 million b/d of oil equivalent well before the end of the decade, according to its March 2 analyst day presentation, which compares to 3.8 million boe/d of total upstream production worldwide in the fourth quarter of 2021. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now By 2027, ExxonMobil said its Permian, Guyana, Brazil and LNG production will represent well more than half of its global production volumes, and about 70% of its upstream capital spending, said Neil Chapman, ExxonMobil senior vice president. ExxonMobil said March 2 it will make its Uaru discoveries offshore of Guyana its fifth FPSO project — slated to come online in […]