Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.
Exxon Mobil’s stock gained ground after quarterly profit and free cash flow beat expectations, and production rose, while ...
Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...
That investment will grow output from its highest-margin assets, which will increase its earnings and free cash flow. Exxon also plans to deliver a cumulative $18 billion in cost savings by the end of ...
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.
It took a couple of years, but U.S. production eventually bounced back, soaring to a record of nearly 13.5 million barrels a day last fall ... Five to 10 years ago, Western oil and gas companies ...
Growth next year is expected to only be slightly less. “We’re getting more for every dollar we’re spending,” says chief ...
Manuj Nikhanj, Enverus chief executive officer, noted that in 2024 the top 10 public operators represented 56% of production ...
Net production ... oil-equivalent barrels per day from the previous quarter. And for the full year, Exxon said production of 4.3 moebd was up 15.9% from 2023, and "at the highest level in over 10 ...