ExxonMobil


All posts for ExxonMobil

Is This The End Of U.S. Dominance In Global Energy?

By Tsvetana Paraskova for Oilprice.com Russia's Gazprom ranked no.1 in the 2017 S&P Global Platts Top 250 Global Energy Company Rankings, toppling ExxonMobil and ending its 12-year reign at the top spot, S&P Global Platts said in what it defined as the most profound change in the 16-year history ...

Oilprice Staff


Posted 2 years agoOpinion > GazpromExxonMobilS&P Global Platts +8

In The Oil Patch – Dr. Daniel Fine (ep. 123)

In The Oil Patch – Episode 123: host Kym Bolado and her cohost Alvin Bailey welcome Dr. Daniel Fine onto the show! Dr. Fine is with the New Mexico Center for Energy Policy and he does not hold back any of his thoughts in this episode. This is definitely a must-listen show!

Will Fine


Posted 2 years agoLink > OPECKingdom of Saudi ArabiaSaudi Arabia +39

Breathing easier in NM's oil patch

“Before, we weren't even making enough money for that … Some of the large companies are ramping up spending, but for smaller guys like me, it's still a struggle, because we need higher prices in the mid-$60 (per barrel) range for new work-overs to expand production.” That, in turn, pushed the sta ...

Will Fine


Posted 2 years agoLink > Dr. Daniel FineNew MexicoPermian +21

Energy expert Daniel Fine examines Trump plan for U.S. energy ‘dominance’

The Trump administration has pushed an energy policy based on the notion of American self-sufficiency and energy “dominance.” Daniel Fine, associate director of the New Mexico Center for Energy Policy and senior policy analyst for the New Mexico State Department of Energy, Minerals, and Natural R ...

Will Fine


Posted 3 years agoLink > Permian BasinWhite HouseEnergy policy +51

Dr. Daniel Fine is a nice addition | Roswell Daily Record

The recent article by Dr. Daniel Fine in the guest column of your Wednesday edition concerning the impacts of Saudi Arabian-led dismantlement of our lively domestic energy business via flooding the market with underpriced foreign crude from numerous Middle Eastern national oil companies along with ...

Will Fine


Posted 3 years agoLink > Saudi AramcoSaudi ArabiaKingdom of Saudi Arabia +25

ExxonMobil Announces Positive Muruk-1 Sidetrack Well Results

Exxon Mobil Corporation (NYSE:XOM) today announced positive results on the Muruk-1 sidetrack well in the Papua New Guinea North Highlands, 13 miles (21 kilometers) northwest of the Hides gas field. The Muruk-1 sidetrack well encountered high-quality sandstone reservoirs southwest of the Muruk-1 na ...

OilVoice Press - OilVoice


Posted 3 years agoPress > ExxonMobilMuruk-1Papua New Guinea

Start of the fightback or same old story from oil majors in Nigeria?  

It's been a purple patch for Nigeria's indigenous oil sector of late. After playing second fiddle to the international oil companies for the best part of the sector's history in Nigeria, homegrown talent has been rampant. If ever there was a time for the IOCs to worry for their future in the country ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 3 years agoOpinion > IOCsAgipExxonMobil +2

Supermajors’ Cost Index: How Efficient are they in Developing their Assets? | Petroleum Africa

The ‘lower for longer' oil price environment has forced oil and gas companies to look hard at their cost structures. Despite development costs accounting for more than 50% of total costs, the industry currently acks a widely accepted measure for assessing efficiency in this area.

Muktadir Ur Rahman


Posted 3 years agoLink > Supermajors Cost IndexBPShell +20

New Oil Contract Points to South Sudan Comeback

As the South Sudan government tries to raise production, a new player signs on with the promise of a $500-million investment. South Sudan's 2017 campaign to boost oil exploration and production is off to a running start. Nigerian upstream independent Oranto Petroleum announced today that it had sig ...

Aydanur Akkurt - Africa Oil & Power


Posted 3 years agoPress > South SudanOranto PetroleumAtlas Oranto +4

Study: Oil, Gas Development Costs Fall, But Could Go Lower

Looking specifically at seven supermajors—BP, Royal Dutch Shell Plc (NYSE: RDS.A), Eni (NYSE: E), Chevron Corp. (NYSE: CVX), ExxonMobil Corp. (NYSE: XOM), Total (NYSE: TOT) and ConocoPhillips (NYSE: COP)—development cost per barrel of oil equivalent (boe) increased by 66% between 2011 and 2015, bu ...

Muktadir Ur Rahman


Posted 3 years agoLink > Supermajors Cost IndexBPShell +20

ExxonMobil Announces 2016 Reserves

Exxon Mobil Corporation (NYSE:XOM) announced today proved reserves were 20 billion oil-equivalent barrels at year-end 2016, inclusive of a net reduction of 3.3 billion oil-equivalent barrels from 2015. Reserves changes in 2016 reflect new developments as well as revisions and extensions to existin ...

OilVoice Press - OilVoice


Posted 3 years agoPress > ExxonMobilReserves

ExxonMobil to Acquire Companies Doubling Permian Basin Resource to 6 Billion Barrels

Companies' assets include 250,000 acres in highly prolific Permian Basin Adds more than 3.4 billion barrels of oil equivalent, of which 75 percent is liquids Upfront acquisition cost of $5.6 billion to be paid in ExxonMobil shares Exxon Mobil Corporation (NYSE:XOM) said today it will more than ...

OilVoice Press - OilVoice


Posted 3 years agoPress > ExxonMobilPermian Basin

ExxonMobil Announces New Oil Discoveries Offshore Guyana

Payara-1 well encounters more than 95 feet of high-quality, oil-bearing sandstone reservoirs Well is located in new reservoir about 10 miles from Liza-1 discovery Appraisal drilling at Liza-3 identified additional high quality, deeper reservoirs below the Liza field ExxonMobil ann ...

OilVoice Press - OilVoice


Posted 3 years agoPress > ExxonMobilEssoHess Guyana Exploration Ltd +2

Tillerson to face further Russia scrutiny this week

Note: Article originally written by Paul Harris, Glacier Media, and posted with permission. Former ExxonMobil CEO Rex Tillerson's track record in Russia will come under further scrutiny this week. Tillerson, who is Donald Trump's nominee for Secretary of State, will begin confirmation hearings w ...

Mark Young


Posted 3 years agoOpinion > tillersonExxonMobilRussia +7

ExxonMobil Announces New Natural Gas Discovery Onshore Papua New Guinea

Muruk-1 well encounters high-quality hydrocarbon-bearing reservoirs  Evaluation of the resource underway  Exxon Mobil Corporation (NYSE:XOM) today announced a new natural gas discovery in the Papua New Guinea North Highlands, 13 miles (21 kilometers) northwest of the Hides Gas Field. Interest ow ...

OilVoice Press - OilVoice


Posted 3 years agoPress > ExxonMobilOil SearchPapua New Guinea +1