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Top News In Ermian Today - Breaking & Trending Today

Exxon Completes $60B Acquisition of Pioneer

Exxon Mobil Corporation has finalized its acquisition of Pioneer Natural Resources, marking a monumental milestone in the energy sector. ....

United States , Julianne Geiger , Scott Sheffield , Organization Of The Petroleum Exporting Countries , Exxon Mobil Corporation , Justice Department , Pioneer Natural Resources , Petroleum Exporting Countries , M Amp A ,

SilverBow Resources implements horseshoe lateral in South Texas' Austin Chalk formation

SilverBow Resources Inc. has successfully executed a horseshoe lateral in the Austin Chalk formation of South Texas, transforming a one-mile well into an 8,900-foot U-shaped hole. ....

United States , Sean Woolverton , Central Oil , Silverbow Resources Inc , Silverbow Resources , Austin Chalk , Western Condensate , Eastern Extension , Chief Executive Officer , South Texas ,

ProPetro to deploy electric-powered hydraulic fracturing fleets on ExxonMobil's Permian operations

The agreement includes the deployment of two FORCE electric hydraulic fracturing fleets, wireline, and pumpdown services on ExxonMobil’s Permian operations in the first half of 2024, with an option for a third FORCE fleet with wireline and pumpdown services to commence operations in early 2025. ....

United States , Propetro Holding Corp , Propetro Holding , Chief Executive Officer , Sam Sledge , Petro Holding , North American , Hydraulic Fracturing ,

Exxon Expects Regulator To Greenlight $60-Billion Pioneer Deal in June

ExxonMobil continues to expect that the U.S. antitrust authority will give the green light to its proposed $60-billion all-stock acquisition of Pioneer Natural Resources by the end of the second quarter ....

Demerara Mahaica , United States , Charles Kennedy , Kathy Mikells , Hess Corporation , China National Offshore Oil Corporation , Hess Corp Guyana , Pioneer Natural Resources , Federal Trade Commission , Pioneer Natural Resources , M Amp A , Big Oil ,

Mid-size firms to revitalize Permian shale production with new drilling innovations

While production is at record levels, productivity per well in the Permian basin has declined 15% since 2020, due to factors like interference with underground pressure from extensive drilling. However, innovations like longer lateral wells and simultaneous fracking (simul-frac) are improving efficiency and lowering costs. ....