1/4 Century: What Was the Oil and Gas Industry Like in the Early 2000s? Part 2
Rextag
DECEMBER 18, 2024
Merged with Texaco in 2001, solidifying its position as one of the worlds energy giants. Record Depths: By 2005, rigs operated at depths exceeding 1,500 meters, using dynamic positioning systems and cutting-edge blowout preventers. By 2005, ExxonMobil produced over 4.1 million barrels of oil equivalent per day (boe/d) globally.
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