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Exxon Partners With Microsoft to Boost Permian Oil Production

Feb. 22, 2019, 3:38 PM

Exxon Mobil Corp. is partnering with Microsoft Corp. to crunch trillions of bits of data as the oil titan seeks to more than triple shale oil production in the Permian Basin in less than a decade.

Exxon will use Microsoft’s cloud-computing technology to monitor and analyze the vast amounts of data generated by its sprawling array of drilling rigs, wells, pipelines, refineries, and chemical plants, the company said in a statement.

Exxon has homed in on the Permian Basin of West Texas and New Mexico as it struggles with dwindling production in formerly prolific oil provinces such as West Africa. ...