Exxon Aims for $15-a-Barrel Costs in Giant Permian Operation
Flames shoot from towers at the Exxon Mobil Corp. Torrance Refinery in Torrance, California, U.S. (Photographer: Patrick T. Fallon/Bloomberg)

Exxon Aims for $15-a-Barrel Costs in Giant Permian Operation

(Bloomberg) -- Exxon Mobil Corp. plans to reduce the cost of pumping oil in the Permian to about $15 a barrel, a level only seen in the giant oil fields of the Middle East.
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