Partnerships and joint ventures are nothing new among Permian Basin oil operators, but a new partnership just announced takes a unique approach.
Six companies with significant operations in the Permian Basin – Anadarko Petroleum, Chevron, ExxonMobil’s subsidiary XTO Energy, Noble Energy, Occidental Petroleum and Shell Oil are teaming up with the National Fish and Wildlife Foundation to form the Pecos Watershed Conservation Initiative to support conservation projects in the region.
The initiative is designed to identify significant conservation opportunities to improve habitat, address water scarcity, improve water quality and engage the area’s communities… Read more from