Partager :
-
ExxonMobil Signs Agreements to Increase Position in Permian Basin
édité le 07/08/2015 - Plus de news de "ExxonMobil" - Voir la fiche entreprise de "ExxonMobil"
Exxon Mobil Corporation announced it has executed two agreements to obtain horizontal development rights in 48,000 acres in the core of the Midland Basin.
The two agreements include an acquisition and farm-in adjoining XTO’s existing acreage position in Martin and Midland Counties, providing rights to all intervals within the basin. The acreage will be operated by ExxonMobil’s subsidiary XTO Energy Inc.
“We are continuing to grow our position in a prolific area of the Permian Basin,” said Randy Cleveland, president, XTO Energy. “The recent emergence of strong Lower Spraberry results, combined with the established Wolfcamp intervals, demonstrates the significant potential of the stacked pays in the Midland Basin core.”
ExxonMobil has executed five agreements in the Midland Basin since January 2014, providing the company with over 135,000 operated net acres.
“We are encouraged by the horizontal well productivity and cost reductions we have achieved to date,” Cleveland said. “We expect to drive continued improvements in productivity and cost as we develop our substantial inventory of wells across the multiple stacked pays.”
XTO is currently operating 11 horizontal and four vertical rigs across its Permian Basin leasehold of more than 1.5 million net acres, with net oil-equivalent production exceeding 115,000 barrels per day.
About XTO Energy Inc.
XTO is a leading natural gas and oil producer in the U.S. with expertise in developing tight gas, shale gas, coal bed methane and unconventional oil resources. XTO has operations in all major U.S. producing regions, and holds more than 11 million acres.
About ExxonMobil
ExxonMobil (NYSE:XOM), the largest publicly traded international oil and gas company, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources and is one of the world’s largest integrated refiners, marketers of petroleum products and chemical manufacturers.
Origine : Communiqué ExxonMobil
Les dernières news de "ExxonMobil" |
- 18/03/2024 - ExxonMobil Guyana Announces New Discovery
- 28/11/2023 - ExxonMobil Fawley investment will strengthen Britain's energy security
- 14/11/2023 - ExxonMobil starts production at third offshore Guyana project
- 03/11/2023 - ExxonMobil completes acquisition of Denbury
- 11/10/2023 - ExxonMobil announces merger with Pioneer Natural Resources in an all-stock transaction
- 10/08/2023 - ExxonMobil: The road to renewable fuel is ramping up at the Strathcona refinery
- 14/07/2023 - ExxonMobil announces acquisition of Denbury
- 28/04/2023 - ExxonMobil Guyana advances fifth offshore Guyana development
- 16/03/2023 - ExxonMobil boosts fuel supply with $2 billion Beaumont refinery expansion
- 31/01/2023 - ExxonMobil awards FEED for world's largest low-carbon hydrogen facility
- 28/01/2023 - ExxonMobil moves forward with largest renewable diesel facility in Canada
- 12/01/2023 - ExxonMobil to sell interest in Esso Thailand
- 08/12/2022 - ExxonMobil announces corporate plan – Company expects to double earnings and cash flow potential by 2027, increases investments in lower-emissions efforts
- 30/11/2022 - ExxonMobil, Mitsubishi Heavy Industries form carbon capture technology alliance
- 15/11/2022 - Coral South project in Mozambique ships first LNG cargo, helps meet global demand
- 08/11/2022 - ExxonMobil, partners make new discovery on Angola Block 15
- 28/10/2022 - QatarEnergy and ExxonMobil to independently market Golden Pass LNG
- 26/10/2022 - ExxonMobil announces two new Guyana discoveries
- 21/10/2022 - ExxonMobil to sell Billings refinery to Par Pacific Holdings
- 02/09/2022 - ExxonMobil to sell its share of Aera Energy joint venture
- 27/07/2022 - ExxonMobil makes two more discoveries offshore Guyana
- 29/06/2022 - ExxonMobil announces sale of interests in Montney and Duvernay Canadian assets
- 28/06/2022 - ExxonMobil, CNOOC and Shell to pursue carbon capture and storage hub in China
- 22/06/2022 - ExxonMobil and QatarEnergy to expand LNG production with North Field East agreement
- 16/06/2022 - ExxonMobil statement regarding President Biden Letter to Oil Industry
- 26/05/2022 - ExxonMobil to grow shareholder value by meeting need for energy, essential products and lower-emissions solutions
- 20/05/2022 - ExxonMobil to sell Barnett Shale assets for $750 million
- 04/05/2022 - ExxonMobil to sell Romanian affiliate for more than $1 billion
- 27/04/2022 - ExxonMobil makes three new discoveries offshore Guyana, increases Stabroek resource estimate to nearly 11 billion barrels
- 05/04/2022 - ExxonMobil makes final investment decision on fourth Guyana offshore project
- 17/03/2022 - Esso Australia to Expand Gas Development in the Gippsland Basin
- 02/03/2022 - ExxonMobil to discontinue operations at Sakhalin-1, make no new investments in Russia
- 22/02/2022 - ExxonMobil and Papua New Guinea sign P’nyang gas agreement
- 18/02/2022 - ConocoPhillips Completes Purchase of Additional 10% Shareholding Interest in APLNG
- 14/02/2022 - ExxonMobil starts production at Guyana's second offshore development
- 01/02/2022 - ExxonMobil streamlines structure to enhance effectiveness, grow value, reduce costs
- 19/01/2022 - ExxonMobil announces ambition for net zero greenhouse gas emissions by 2050
- 11/01/2022 - ExxonMobil expands interest in biofuels, acquires stake in Biojet AS
- 06/01/2022 - ExxonMobil makes two discoveries offshore Guyana
- 07/12/2021 - ExxonMobil plans for net zero emissions in Permian Basin operations by 2030
- 01/12/2021 - ExxonMobil announces corporate plans to 2027 – supports approximately doubling earnings and cash flow potential, reducing emissions
- 09/11/2021 - ExxonMobil : Why we're investing $15 billion in a lower-carbon future
- 02/11/2021 - ExxonMobil and Pertamina to evaluate carbon capture and storage in Indonesia
- 22/10/2021 - ExxonMobil plans to increase carbon capture at LaBarge, Wyoming facility
- 08/10/2021 - ExxonMobil increases Stabroek resource estimate to approximately 10 billion barrels
- 20/09/2021 - ExxonMobil: Conversion of Slagen Refinery to Import Terminal
- 17/09/2021 - Carbon capture and storage gains wide industry support in Houston
- 10/09/2021 - ExxonMobil announces discovery at Pinktail, offshore Guyana
- 27/08/2021 - ExxonMobil affiliate to produce renewable diesel to help reduce transportation emissions in Canada
- 28/07/2021 - ExxonMobil announces oil discovery at Whiptail, offshore Guyana
|
Toutes les news de "ExxonMobil" |
|
|