Posts Tagged ‘Permian Basin’

Oxy in brief

Third largest US oil and gas company by equity Home based in Los Angeles, California, USA, Occidental Petroleum Corporation (Oxy) is listed in New York Stock Exchange since 1964 and is operating as an international oil company. With more than 40,000 employees, Oxy focuses its oil and gas operations in three […]

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$1.4 billion Devon-Sumitomo joint venture in shale oil

Devon and Sumitomo to develop Permian Basin tight oil Devon Energy Corporation (Devon) and Sumitomo Corporation (Sumitomo) entered an Agreement to jointly develop the Cline Shale and the Midland-Wolfcamp tight oil fields within the Permian Basin. The Cline Shale and the Midland-Wolfcamp tight oil fields are part of Devon‘s operations in USA where Devon has still […]

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