Why Exxon And Chevron Are Not Going All-Out In The Permian ...Middle East

OILPRICE - Economy
Why Exxon And Chevron Are Not Going All-Out In The Permian
The U.S. oil supermajors are leading by example what shale drilling discipline should look like.   Neither ExxonMobil nor Chevron are rushing to boost production in the biggest American shale play, the Permian, despite the oil price rally this year that has sent WTI prices to above $60 per barrel. The two biggest U.S. oil corporations are now prioritizing debt reduction and increased cash flows to pay down the excess debt they had accumulated last year when oil prices crashed. Their crude oil production targets in the Permian remain unchanged…

Hence then, the article about why exxon and chevron are not going all out in the permian was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Why Exxon And Chevron Are Not Going All-Out In The Permian )

Apple Storegoogle play

Last updated :

Also on site :



Latest News
before 2 hours & 54 minute