Tag: XTO Energy

Exxon Mobil acquires 48,000 acres in Permian Basin

XTO Energy operates 11 horizontal, 4 vertical rigs across Permian Basin Exxon Mobil has executed two agreements to obtain horizontal development rights in 48,000 acres in the core of the Permian Basin, the company announced Thursday. The two agreements include an acquisition and farm-in adjoining XTO Energy’s existing acreage position in Martin and Midland Counties, providing rights to all intervals […]