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CEO Darren Woods: What’s Driving Permian M&A for Exxon, Other E&Ps

/ Latest / By mark
Since acquiring XTO for $36 billion in 2010, Exxon Mobil has gotten better at drilling unconventional shale plays. But it needed Pioneer’s high-quality acreage to keep running in the Permian Basin, CEO Darren Woods said at CERAWeek by S&P Global.

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