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Permian Basin
Mike Williams' industry experience includes managerial and director-level positions with oil and gas producers MorningStar Partners, BlueStem Energy, Approach Resources, XTO Energy, and ExxonMobil. Most recently, he served five years as VP of reservoir engineering at Founders Oil & Gas.
U.S. Energy Development Corp. Adds New VP of Engineering
by Lance Murray | Nov 10, 2023
Mike Williams' industry experience includes managerial and director-level positions with oil and gas producers MorningStar Partners, BlueStem Energy, Approach Resources, XTO Energy, and ExxonMobil. Most recently, he served five years as VP of reservoir engineering at Founders Oil & Gas.
by Lance Murray |
Oct 11, 2023
The companies said the all-stock merger deal combines Pioneer’s more than 850,000 net acres in the Midland Basin with ExxonMobil’s 570,000 net acres in the Delaware and Midland Basins, creating "a diversified energy company with the largest footprint of high-return wells in the Permian Basin."
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by Lance Murray |
Sep 29, 2023
Matthew Osborn has joined Dallas-based Goodnight Midstream LLC as president and chief operating officer of the Tailwater Capital LLC portfolio company, a leading provider of produced water handling services in Permian Basin, Bakken, and Eagle Ford....
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by Lance Murray |
Apr 26, 2023
U.S. Energy Development Corp. is expanding its footprint in the Permian basin, building on its existing investments of over $400 million in the region over the past year. According to CEO Jordan Jayson, many operators in the Permian region are turning to innovation and advanced tech to tap into the remaining potential of the area, improve efficiency and safety, and maintain high levels of output.
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Darren Woods, chairman and CEO of ExxonMobil [Photo: ExxonMobil]
ExxonMobil Touts Corporate Plan That Includes $17B Lower Emissions Investment
by Lance Murray | Dec 8, 2022
In its newly released five-year plan, Irving-based ExxonMobil said that it has allocated roughly $17 billion on its own emission reductions and accretive third-party lower-emission initiatives through 2027, an increase of almost 15%. Nearly 40% of these investments is directed toward building its lower-emissions business with customers to reduce their greenhouse gas emissions with a primary emphasis on large-scale carbon capture and storage, biofuels, and hydrogen.
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by Nicholas Sakelaris |
Nov 17, 2016
The find in the Wolfcamp portion of the Permian Basin could yield up to 20 billion barrels of oil.
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by Nicholas Sakelaris |
Mar 16, 2016
Armed with $40 million in private equity funding, Fountain Quail Water Management is poised to become the leader in frack water recycling.
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