On an oilequivalent basis, production increased 1.5% from the third quarter of 2012. Excluding the impacts of entitlement volumes, OPEC quota effects and divestments, production increased 2.7%. Q3 capital and exploration expenditures were $10.5B, up 15% from the third quarter of 2012, in line with anticipated spending plans. Q3 share purchases to reduce shares outstanding were $3B.
- Commodity Markets