Oil Production - Search News

Exxon, Chevron and Oil Glut

Exxon and Chevron hike oil production despite global glut and see more ‘frontier exploration’ as U.S. shale boom slows

B ig Oil leaders Exxon Mobil, Chevron, and Shell continue to hike their crude oil production volumes from West Texas’s Permian Basin to the Gulf of Mexico to deepwater Guyana despite concerns of a rising global oil glut as OPEC nations keep exporting more barrels each month.

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Exxon and Chevron Cut Divergent Paths as Global Oil Glut Looms

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Exxon and Chevron boost output despite forecasts of falling oil prices

Hess, Chevron and Oil Production

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Chevron Beats Estimates as Hess Deal Helps Boost Oil Production

Chevron Corp. beat earnings estimates as profits from the $53 billion Hess Corp. acquisition were included in the results for the first time, boosting oil production and cash flow.

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Chevron earnings beat estimates as oil production hits record boosted by Hess acquisition

InvestorsHub on MSN · 1d

Chevron beats earnings expectations as Hess deal boosts oil output

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Exxon beats Q3 profit estimates on higher Guyana, Permian production

Exxon Mobil (XOM.N) beat Wall Street estimates for third-quarter earnings on Friday, underpinned by higher oil and gas production in Guyana and the Permian Basin which offset lower oil prices.

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Exxon, Chevron Earnings Fall as Output Climbs And Prices Drop

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Imperial Oil profits fall on impairment charge, lower crude prices

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Exxon posts strong quarterly earnings with production in Guyana and the Permian Basin picking up

Exxon Mobil’s third-quarter earnings beat Wall Street’s expectations, bolstered by strong Guyana and Permian Basin production.

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Top 6 Oil-Producing States

Though over half of 50 states produce at least some crude oil, there are six in particular that are responsible for the bulk of U.S. production.

OilPrice.com on MSN

U.S. Rig Count Falls Despite Record Production

The total number of active drilling rigs for oil and gas in the United States fell this week, while weekly U.S. crude oil production rose to a new high of 13.644 million bpd.

Marketplace

Oil production is booming. Where is it all going?

The International Energy Agency predicts production to outstrip demand by a record 4 million barrels per day by next year. Meanwhile, there are about a billion barrels in tankers currently at sea.

Saudi Economy Grows Most Since Early 2023 on Oil Supply Rise

Saudi Arabia’s economy expanded at the fastest pace since early 2023 in the third quarter, helped by rising oil production and big state investments in non-sectors sectors.

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Oil executives predict 2026 price 'low point' as Permian Basin ramps up production capacity

America's oil magnates are prepared for prices to be lower next year, as supply on Texas' Permian Basin ramps up to account for 40% of U.S. oil production in the near future.

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Oil finishes flat as market weighs Russia sanctions, OPEC production plans

Crude oil futures ended little changed, as traders continue to assess the eventual impact of US sanctions on Russian oil that drove last week’s rally.

allAfrica.com on MSN

Nigeria loses $6.8bn to oil production shortfalls in 8 months

Nigeria has recorded crude oil production shortfall of about 93.74 million barrels in the first eight months of 2025, raising concerns over adequate funding of the 2025 national budget.