Nexen Announces Oil Production at Usan Field off West Africa
Nexen Inc. (NXY) has begun producing oil from its Usan field off the coast of West Africa.
Production is expected to be 14,000 to 28,000 barrels a day this year for Nexen, which holds a 20 percent share, the company said in a statement today. Other owners are Total SA (FP), Chevron Corp. (CVX) and Exxon Mobil Corp. (XOM), Nexen said.
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