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Exxon Bets Big on American Oil - Fox Business
Fox Business | Exxon Bets Big on American Oil Fox Business The world's largest publicly traded oil company inked a deal with the Bass family of Fort Worth, Texas, to double its footprint in the Permian. Exxon will pay up to $6.6 billion, mostly in stock, for approximately 275,000 acres of land. Exxon said 250 ... Land Rush in Permian Basin, Where Oil Is Stacked Like a Layer Cake Texas's Permian Basin is only US oil-producing region where production will rise Exxon Mobil doubles its oil and gas holdings in the Permian basin for $5.6 billion |
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