Exxon Fails to Replace Production for First Time in 22 Years

  • Crucial measure of future pumping ability is closely watched
  • U.S. natural gas reserves reduced in response to low prices

Exxon Fails to Replace Production

Exxon Mobil Corp. failed to replace all of the oil and natural gas it pumped last year with new discoveries and acquisitions for the first time in more than two decades.

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