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December 3, 2021

Permian Basin Unconventional (ExxonMobil Corporation) NM Unconventional Oil Field, US

By Carmen

Permian Basin Unconventional (ExxonMobil Corporation) NM is a producing unconventional 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 Unconventional (ExxonMobil Corporation) NM

The Permian Basin Unconventional (ExxonMobil Corporation) NM unconventional oil field recovered 9.48% of its total recoverable reserves, with peak production expected in 2028. The peak production will approximately 249.2 thousand bpd of crude oil and condensate, 378 Mmcfd of natural gas and 7.45 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2047.


Remaining recoverable reserves

The field is expected to recover 1,358.01 Mmboe, comprised of 1,034.29 Mmbbl of crude oil & condensate, 1,606.86 bcf of natural gas reserves and 55.91 Mmbbl of natural gas liquid reserves. Permian Basin Unconventional (ExxonMobil Corporation) NM unconventional oil field reserves accounts 1.47% of total remaining reserves of producing unconventional oil fields globally.


About Exxon Mobil

Exxon Mobil Corp (ExxonMobil) is an integrated oil and gas company that discovers, explores for, 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.

Methodology

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.

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