Exxon Mobil said Thursday it plans to reduce the number of oil rigs operating in an oil-rich region in the Southwest and may cut planned…
Exxon Mobil Corp
New Mexico to get $64 Billion, thanks to crude oil benefits
Press release ExxonMobil today said a new study estimates the company’s development of Permian Basin resources in New Mexico will generate approximately $64 billion in…
Exxon Aims for $15-a-Barrel Costs in Giant Permian Operation
Exxon plans to deploy 55 rigs in the Permian this year, by far the most of any driller, as it aims to increase output in…
Exxon Mobil and Chevron Plan on Texas size Scale in the Permian Basin
Exxon Mobil and Chevron said they would boost their growth in the Permian basin substantially. Big oil is getting even bigger in shale, and that…
2019 Oil Majors Ramping Up hydraulic fracturing in Texas
The roots of the hydraulic fracturing revolution in the U.S. bring names like EOG Resources Inc (NYSE: EOG), Pioneer Natural Resources (NYSE: PXD), Apache Corporation…
Exxon Goes All-In On The Permian
ExxonMobil and Plains All American gave the greenlight to another major pipeline in the Permian basin, which would move 1 million barrels per day (mb/d)…
Exxon Mobil Corp. will use renewable energy to produce oil in West Texas.
Under 12-year agreements with Denmark’s Orsted A/S, Exxon will buy 500 megawatts of wind and solar power in the Permian Basin, the fastest growing U.S….