Comment on ExxonMobil Is Spending Billions of Dollars to Solve the Permian Basin's Biggest Problem

ExxonMobil Is Spending Billions of Dollars to Solve the Permian Basin's Biggest Problem

The Permian Basin is the gift that keeps on giving to oil companies. Since 1921, producers have pumped out more than 29 billion barrels of oil from the play. However, instead of running dry, production from the Permian is on pace to rise quickly in the coming years due to advances in shale drilling technology.

 

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