Posts Tagged ‘permian’

Exxon is telling investors its Permian fracking projects are ‘world class’. The data says otherwise.

ExxonMobil’s production numbers in the Permian basin in West Texas and New Mexico appear to have deteriorated in 2019, according to new analysis, calling into question the company’s claims that it is an industry leader and that its operations are steadily becoming more efficient over time. Chastened by years of poor returns and rising angst […]

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