Thursday, August 15, 2024

It’s Time for Us to Stomp on the Permian Accelerator: Exxon

ExxonMobil says its tight oil production from Delaware and Midland basins will jump 5-fold by 2025 XOM plans to invest more than $2 billion in Permian terminal and transportation expansion ExxonMobil (ticker: XOM) generally does things on a big scale. Today the largest publicly traded international oil and gas company said it will triple total daily production from its operations in

Noble Sells 7.5% of Tamar Field

Sale values Tamar at $10.7 billion Noble Energy announced the sale of part of its interest in the Tamar field yesterday. It is the company’s second Tamar divestment. Tamar is located in the Mediterranean Sea, east of the Leviathan field, offshore Israel. Noble will sell a 7.5% interest in the field to Tamar Petroleum (ticker: TMRP) for $560 million in

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