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Exxon Mobil’s $59.5 billion acquisition of Pioneer Natural Resources will cement the supermajor as the unconventional oil and gas leader. But executives acknowledge the company was late to the unconventional party more than a decade ago.
With a $60 billion acquisition of Pioneer Natural Resources, Exxon plans to deploy its fine-tuned Delaware Basin drilling strategy into the heart of the Midland Basin, executives say.
Exxon Mobil is acquiring Pioneer Natural Resources in a megadeal that will reshape the Permian Basin—and the U.S. oil landscape as we know it.
Exxon Mobil scooping up Permian Basin giant Pioneer Natural Resources in a $60 billion deal could spur other megadeals across the U.S. oil patch, experts say.
Private equity firm SK Capital Partners acquired U.S. oilfield waste services firm Milestone Environmental Services from Amberjack Capital Partners for an undisclosed amount, the companies said on...