Wednesday, December 7, 2022

Permian Basin

ExxonMobil announces $3.2 Billion earnings in Third Quarter 2019

ExxonMobil Corporation on Friday announced estimated third quarter 2019 earnings of $3.2 billion, or $0.75 per share assuming dilution. Earnings included a favorable tax-related identified item of about $300 million, or $0.07 per share assuming dilution. Capital and exploration...

ExxonMobil progresses growth plans to advance lower-emissions technologies

ExxonMobil is progressing growth plans to substantially increase earnings and cash flow potential while researching technology breakthroughs to reduce emissions, Chairman and CEO Darren Woods told shareholders during the company’s annual meeting on Wednesday. “We are committed to sharing the...

ExxonMobil Permian development to provide $64 Billion in benefits to New Mexico: Study

ExxonMobil on Friday said a new study estimates the company’s development of Permian Basin resources in New Mexico will generate approximately $64 billion in net economic benefits for the state and local communities over the next 40 years, creating...

ExxonMobil to Increase, Accelerate Permian Output to 1 Million bpd by 2024

ExxonMobil said on Tuesday, it has revised its Permian Basin growth plans to produce more than 1 million oil-equivalent barrels per day by as early as 2024 – an increase of nearly 80 percent and a significant acceleration of...

ExxonMobil adds 4.5 billion barrels to reserves

Exxon Mobil Corporation (NYSE:XOM) said on Tuesday, it added 4.5 billion oil-equivalent barrels of proved oil and gas reserves in 2018, replacing 313 percent of the year’s production. ExxonMobil's proved reserves totaled 24.3 billion oil-equivalent barrels at year-end 2018. Liquids...
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Mehboob Shaikh organizes reception in the honor of Dr. Rahman

Senior journalist, author, and social worker, Mehboob Ali Shaikh held a reception in the honor of a known Psychologist...
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