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Exxon's Cepu Production May Exceed Capacity

Aug 08, 2019

Crude output from Exxon Mobil Corp's Cepu block may exceed its capacity of 220,000 barrels per day (bpd) this year, to reach 235,000 bpd, upstream oil and gas regulator SKK Migas told reporters on Thursday.Potential reserves at the block are bigger than initially estimated after a reevaluation and Exxon is currently conducting a test until November, said Fatar Yani Abdurrahman, deputy of operations at SKK Migas…

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