Exxon Mobil Corporation XOM has a strong portfolio of upstream assets, centered around oil-rich prolific resources in the Permian Basin and offshore Guyana. Production costs in those assets are low.

Photo by Gavin Young/Calgary Herald files Those hedges will buoy Ovintiv through the year, but many analysts expect the company and other shale-focused exploration and production companies to struggle ...

Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year despite President Donald Trump's vow to maximize production, energy ...

HOUSTON and MIDLAND, Texas, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Plains All American (Nasdaq: PAA & PAGP) (“Plains”) and Oryx Midstream Holdings LLC (“Oryx”), a portfolio company of Stonepeak ...

Permian Producers Struggle With Negative Gas Prices By AEGIS - Aug 28, 2024, 3:00 PM CDT ...

Dublin, Nov. 08, 2024 (GLOBE NEWSWIRE) -- The "Permian Basin in the US, 2024 - Oil and Gas Shale Market Analysis and Outlook to 2028" report has been added to ResearchAndMarkets.com's offering.The ...

Shale oil extraction in the Permian Basin, the largest US oil basin, produces millions of gallons of chemical-laced water. Traditionally, this wastewater is pumped back underground.