Reported 2 days ago
Enverus' recent report reveals that ExxonMobil remains the top oil and gas producer in the United States for 2024, followed closely by Expand Energy and Occidental Petroleum, with the Permian Basin continuing to dominate production. Recent mergers have consolidated the industry, leading the top 10 public onshore producers to account for 62% of the total output. Despite a reduction in active rigs, increased efficiency has allowed for sustained production levels, indicating a more disciplined approach in the shale industry.
Source: YAHOO