ExxonMobil (XOM) produced an average of 2.3 million barrels per day of oil in 2018. ExxonMobil had total proved reserves of 24.3 billion oil-equivalent barrels at the end of 2018. Moreover, it has a 17-year reserves life at its current production rates.
BP (BP), Royal Dutch Shell (RDS.A), and Chevron (CVX) are other top US oil companies. Petróleos Mexicanos (or Pemex), Abu Dhabi National Oil Company (or ADNOC), and Petróleo Brasileiro (or Petrobras) are among the other top oil-producing companies in the world.
To learn about top oil companies by market capitalization, read What You Need to Know about the World’s Largest Oil Companies. For the latest oil and gas updates, refer to Market Realist’s Energy and Utilities page.
View more information: https://marketrealist.com/2019/11/must-know-worlds-top-oil-companies-by-production/