Permian boost for US giants

ExxonMobil and Chevron see fourth-quarter production bolstered by performance in core US shale basin

On the scene: a pump jack in the Permian basin. Output from the play helped boost figures for ExxonMobil and Chevron in the 2019 fourth quarter
On the scene: a pump jack in the Permian basin. Output from the play helped boost figures for ExxonMobil and Chevron in the 2019 fourth quarterPhoto: AP/SCANPIX
Published 5 February 2020, 14:20Updated 5 February 2020, 14:20