XOM · 10-Q · 2026Q2 · Full report
Upstream Production Volume
ExxonMobil Holdings Corp · 2026-08-03 · Importance 46 · Surprise 32 · In source text
Second-quarter oil-equivalent production was 4.5 million barrels per day, down 116 thousand barrels per day year over year. Middle East disruption impacts reduced output, while growth in the Permian and Guyana mostly offset the decline. United States liquids production increased to 1,653 thousand barrels per day from 1,494 thousand, and U.S. natural-gas production available for sale rose to 3,840 million cubic feet per day from 3,313 million.
Key facts
- Upstream advantaged volume growth in 2Q increased earnings by $1,140 million, mainly driven by Guyana and Permian growth. source
- 2Q production was 4.5 million oil-equivalent barrels per day, decreased 116 thousand oil-equivalent barrels per day from the prior-year quarter, driven by Middle East disruption impacts, mostly offset by Permian and Guyana growth. source
- Year-to-date production was 4.6 million oil-equivalent barrels per day, decreased 37 thousand oil-equivalent barrels per day from the prior-year period, driven by Middle East disruption impacts, mostly offset by Permian and Guyana growth. source
- Upstream year-to-date advantaged volume growth increased earnings by $1,940 million, mainly driven by Guyana and Permian growth. source
- Upstream year-to-date base volume decreased earnings by $590 million from divestments and Kazakhstan downtime. source
- Worldwide net natural gas production available for sale for the three months ended June 30 was 6,849 million cubic feet daily versus 8,219 million cubic feet daily in the comparable prior period. source
- Upstream net production worldwide for three months ended June 30: 3,373 thousand barrels daily in the three-month period and 3,335 thousand barrels daily in the comparable prior period (worldwide values shown). source
- Oil-equivalent production was 4,514 thousand oil-equivalent barrels daily for the three months ended and 4,630 thousand oil-equivalent barrels daily in the comparable period. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | realized | +1.0% | Upstream advantaged volume growth in 2Q increased earnings by $1,140 million, mainly driven by Guyana and Permian growth. |