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Gold/Mining/Energy : Exxon Mobil (XOM)

XOM 114.36

-0.3%

Oct 31 9:30 AM EDT

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From: Jon Koplik	1/9/2021 1:12:47 AM
	of 585

OGJ -- in Russia especially, shutting off an aging mature well can .................................................. From : Jan.5, 2021 Oil & Gas Journal OPEC+ to keep production flat, Saudi Arabia to cut more ... Bjornar Tonhaugen, head of oil market research at Rystad Energy. Commented on the decisions by Russia and Kazakhstan to stand firm for an insignificant production increase, drawing out the OPEC meeting to a second day, Bjornar said as the winter turnaround and maintenance season approaches, “the two countries want to avoid shutting-in any additional production for non-maintenance reasons. In Russia especially, shutting off an aging mature well can be a death sentence, as often it is uncommercial to turn back on production." . . .

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