Guyana, Exxon and Permian basin

Exxon Mobil's strong fourth quarter fueled by rising production in the Permian, Guyana
Exxon Mobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian basin at home, and in Guyana. The Texas company earned $7.61 billion, or $1.72 per share,
ExxonMobil books over $7.3 billion profit on record Permian and Guyana production
Production in both the US Permian shale basin and Guyana reached a record high, with Guyana volumes recovering after maintenance during last quarter. Overall production was just above 4.6 million barrels of oil equivalent per day in the fourth quarter, and 4.3 million boepd for the full year.
Exxon Q4 beats estimates on higher Permian, Guyana output
US oil giant Exxon Mobil fourth quarter profits beat estimates, despite weaker oil prices and refining margins, driven by increased production in the Permian basin at home, and in Guyana.
Exxon edges higher as Q4 earnings top consensus; Permian, Guyana production hits record
Exxon Mobil (NYSE:XOM) +0.4% pre-market Friday after reporting Q4 adjusted earnings that were roughly flat compared with the year-earlier quarter but ahead of Wall Street estimates, driven by high-margin projects in the Permian Basin and Guyana.
Exxon Mobil beats Q4 estimates with higher Permian, Guyana output
Exxon Mobil has today beaten Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil prices and weaker refining margins.
Chevron Sees Permian Basin Oil Growth Reaching 10% This Year
Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.
Paul Foster company sells New Mexico oil and gas assets for $2.5 billion to Houston firm
El Paso billionaire Paul Foster's Franklin Mountain Energy sells New Mexico oil and gas assets for $2.5 billion to Coterrra ...
Crude Oil Prices10d
Permian Basin Oil and Gas Output Faces Disruption Due to Freezing Temperatures
Texas is facing a major winter storm with extreme cold and snow, raising concerns about the power grid's ability to meet ...
EconoTimes4d
Diversified Energy Nears $1.3B Deal for Maverick Resources in Permian Basin
Diversified Energy Company PLC (NYSE:DEC) is reportedly in advanced talks to acquire Maverick Natural Resources, a private ...
Rigzone3d
Coterra Completes $3.9 Billion Permian Acquisitions
Coterra completed the purchase of additional stakes in the U.S. Permian Basin from Avant Natural Resources and Franklin ...
Crude Oil Prices3h
The Beginning of Drill Baby Drill? US Oil Drillers See Uptick In Activity
The total rig count rose by six rigs, to 582, according to Baker Hughes, down 37 from this same time last year.
Exxon’s Rising Production Drives Earnings Beat Despite Oil Slide
Exxon Mobil Corp. beat earnings estimates as strong production growth cushioned the drop in oil prices and refining margins, ...
Opinion
The Santa Fe New Mexican4dOpinion
Permian Basin methane decline marks a win
The recent analysis by S&P Global Commodity Insights has revealed a significant milestone in the fight against climate change: a 26% reduction in methane emissions from oil and gas production ...