Operator · Argentina : Vaca Muerta, Barnett Shale & Cana - Woodford Shale
ExxonMobil
80 articles mentioning ExxonMobil · Page 4 of 4
Trump to Meet with Top Oil Execs Regarding Possible Aid
President Trump has set a meeting with top oil and gas executives to discuss potential assistance in the wake of the sharp oil price plunge, according to a report by the Wall Street Journal. The meeting...
Haynesville Update: Production, Rigs, Top Operators; Frac Designs
This week, we are taking a look at the latest production and well completion activity in the Haynesville from the past three years (2017-2019). Additionally we will take a close look at the activity the play...
Exxon Sees Massive Liquids Growth Due to Permian, Gas Drilling Halt
Exxon Mobil Corp. reported its Q4 2019 results. Worldwide Production - Liquids Output Skyrockets For Q4 2019, Exxon's exit to exit total production (4Q19 vs. 4Q18) was flat, while YOY gowth (2019 vs. 2018) was only...
Exxon, Partners Hit 16th Discovery at Guyana Stabroek; 8.0 Billion BOE Potential
ExxonMobil and its partners (Hess Corp. and CNOOC Ltd.) announced another oil discovery offshore Guyana at the Uaru well, the 16th discovery on the Stabroek Block. The company also announced an increase in the estimated gross...
ExxonMobil Picks Up 1.7MM Acres Offshore Egypt; Exploration Set for 2020
ExxonMobil has secured more than 1.7 million acres for exploration offshore Egypt. The acquisition includes acreage in the 1.2 million North Marakia Offshore block, which is located approximately five miles offshore Egypt's northern coast in the...
Hess, Exxon Announce Oil Discovery Offshore Guyana
Hess and partner ExxonMobil have reported another oil discovery on the Stabroek Block offshore Guyana at the Mako-1 well southeast of the Liza Field. The discovery adds to the current gross recoverable resource estimate of more...
ExxonMobil Seals $4.5B Sale of Norwegian Assets
ExxonMobil has finalized its $4.5 billion sale of its Norwegian portfolio to Var Energi SA. The closure occurred on December 10, 2019. This sale is a part of Exxon's previously announced plans to divest approximately $15...
ExxonMobil Adds New Director to Board
Exxon Mobil Corp. reported that Joseph L. Hooley has been elected to its board of directors, effective Jan. 1, 2020. With the election of Hooley, the ExxonMobil board stands at 11 directors, 10 of whom are...
Report: ExxonMobil Planning $25 Billion Asset Sell Off
ExxonMobil is looking to ramp up asset sales to the tune of $25 billion, according to a report by Reuters. The company is planning to sell off a chunk of its international operations, including a complete...
Exxon to See Big Earnings Hit for Q3 as Oil Prices Gouge Earnings
ExxonMobil has warned its shareholders that it will likely see a rather significant financial hit for Q3, according to a document filed with the SEC. The company cited low commodity prices as the primary cause of...
Report: Exxon Looking to Sell Australian Gippsland Basin Stake
ExxonMobil is looking to sell off its stake in Australia's Gippsland Basin, according to a report by Reuters. The company holds a 50% stake in the asset, which is located offshore in the country's Bass Strait....
Exxon, Partners Hit Another Oil Discovery Offshore Guyana
ExxonMobil and its partners have made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. The discovery adds to the previously announced estimated recoverable resource of more than...
Exxon's Permian Activity Make Massive Jump; Over 50 Rigs at Work
In its Q2 2019 presentation / conference call, ExxonMobil detailed a massive ramp up of activity in the Permian Basin. Exxon's Permian Rigs Up 73% YOY Exxon had an average of 52 active rigs in the...
Exxon, Total Approved for Offshore Crete Exploration
ExxonMobil and Total SA have been given approval by Greece to explore for hyrocarbons offshore Crete, according to a report by Reuters. Exxon and Total will be working in conjunction with Hellenic Petroleum on the project....
Exxon Flows 5,735 BOEPD (81% Oil) from Loving County Well
ExxonMobil reported its best well in Loving County, TX to date. The ST. LUCIA 76 2833 13H well on a 10,250 ft lateral with 2,059 lbs of proppant per foot of lateral. The well flowed 4,693...
Exxon Bets On Vaca Muerta Expansion Project in Argentina; 55 MBOEPD
ExxonMobil reported that it is proceeding with a long-term oil development in Argentina's Bajo del Choique-La Invernada block. The project is expected to produce up to 55,000 BOEPD within five years and will include 90 wells,...
Exxon, Partners to Further Invest in Offshore Angola Block; Increase Production
ExxonMobil and its partners plan to further invest in Block 15 offshore Angola to increase production as part of an agreement with Angola’s recently established National Agency for Petroleum, Gas and Biofuels. This decision comes on...
ExxonMobil Spends 41% More YOY in Q1; Production Only Up +2% YOY
ExxonMobil reported its Q1 2019 financial results and select operational highlights. Financial Results - Spent 41% More YOY in Q1 Exxon spent $6.89 billion in Q1, up +41% from $4.87 billion spent in Q1 2018. First...
Exxon, Partners Tout 13th Discovery at Stabroek Block Offshore Guyana
ExxonMobil and its partners have made a new oil discovery offshore Guyana at the Yellowtail-1 well. This marks the 13th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable resource of...
Exxon Bolsters Argentinean Assets in Latest Bid Round; Three Offshore Blocks
ExxonMobil has increased holdings in Argentina after its subsidiary ExxonMobil Argentina Offshore Investments B.V. and an affiliate of Qatar Petroleum won three exploration blocks during Argentina's first offshore bid round. Exxon and Qatar Petroleum have previously...