Post Tagged with: "Millions"

ExxonMobil Stacks 2.7 Billion More Barrels into Reserves, Bringing 2017 Total to 21.2 Billion Barrels

ExxonMobil Stacks 2.7 Billion More Barrels into Reserves, Bringing 2017 Total to 21.2 Billion Barrels

Exxon Mobil Corporation (ticker: XOM) added 2.7 billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of 2017 production. ExxonMobil’s proved reserves totaled 21.2 billion oil-equivalent barrels at year-end 2017. Liquids represented 57% of the …

February 8, 2018 - 3:39 pm — Closing Bell Story‎, Discoveries & Formations, Exploration and Production (E&P), Fracing, International, Oil and Gas 360 Articles
Pioneer Natural Resources on a Permian Tear: 224 Wells Drilled in 2017, 20 Rigs Operating in 2018

Pioneer Natural Resources on a Permian Tear: 224 Wells Drilled in 2017, 20 Rigs Operating in 2018

250-275 gross wells expected to be on production in the Permian Basin in 2018

$2.6 billion 2018 Permian-focused CapEx

Pioneer Natural Resources (ticker: PXD) placed 64 horizontal wells on production in the fourth quarter of 2017. In the Permian, 43 …

February 7, 2018 - 4:36 pm — Acquisitions and Divestitures (A&D), Closing Bell Story‎, Exploration and Production (E&P), Fracing, Oil and Gas 360 Articles
Chevron: 155% Reserves Replaced, $9.2 Billion Earned in 2017

Chevron: 155% Reserves Replaced, $9.2 Billion Earned in 2017

Chevron Corporation (ticker: CVX) reported earnings of $3.1 billion for Q4 2017. For reference, in Q4 2016 the company made $415 million. Q4 2017 earnings include non-cash tax benefits of $2.02 billion, related to the U.S. tax reform and a …

February 2, 2018 - 4:29 pm — Closing Bell Story‎, Earnings, Exploration and Production (E&P), Finance, Oil and Gas 360 Articles
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