Permian Basin Conventional (ExxonMobil Corporation) TX is a producing conventional oil field located onshore the US and is operated by Exxon Mobil.
Field participation details
The field is owned by Exxon Mobil.
Production from Permian Basin Conventional (ExxonMobil Corporation) TX
The Permian Basin Conventional (ExxonMobil Corporation) TX conventional oil field recovered 95.48% of its total recoverable reserves, with peak production in 2018. The peak production was approximately 95.82 thousand bpd of crude oil and condensate, 44 Mmcfd of natural gas and 28.17 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2025.
Remaining recoverable reserves
The field is expected to recover 12.84 Mmboe, comprised of 4.98 Mmbbl of crude oil & condensate, 7.85 bcf of natural gas reserves and 6.55 Mmbbl of natural gas liquid reserves.
About Exxon Mobil
Exxon Mobil Corp (ExxonMobil) is an integrated oil and gas company that discovers, explores , develops and produces crude oil, natural gas and natural gas liquids. It carries out the refining of crude oil; produces, transports, trades and sells petroleum products; and manufactures lube basestocks and finished lubricants. The company also manufactures and markets commodity petrochemicals including olefins, aromatics, polyethylene and polypropylene plastics and a wide variety of specialty products. It operates through a network of manufacturing plants, transportation systems, and distribution centers. The company has operational presence in North America, Latin America, Asia Pacific, Europe, the Middle East and Africa. ExxonMobil is headquartered in Irving, Texas, the US.
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.