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ExxonMobil makes a big move in the Permian: Corporate week in brief

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Report summary

Lead stories: ExxonMobil and Noble strike US$10 billion of Permian deals. Q4 results preview: we look ahead to a busy few weeks anticipating more evidence of the shift from survival to growth. Macro: Brent stable; oil and gas shares lack direction. Companies: 2017 E&P budgets now up 10%; CNOOC and Lundin unveil double digit capex increases; Gazprom s net income rises. Exploration: Statoil makes high return incremental discovery in Norway; Tullow s ninth Kenyan discovery boosts reserves to 800 mmbbl; jury still out on Shell s Nova Scotia wildcat programme. Other: Statoil sells down UK floating wind pilot project.

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    Corporate Dashboard -23 January 2017.pdf

    PDF 605.02 KB

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    ExxonMobil makes a big move in the Permian: Corporate week in brief

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    ExxonMobil makes a big move in the Permian: Corporate week in brief

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This report includes 3 images and tables including:

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  • Corporate dashboard

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  • 2017 capital guidance announced last week dollar
  • 2017 production guidance announced last week

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