ExxonMobil to spend $340 million on Hawkins

摘要

New York-ExxonMobil plans to spend $340 million on a project to reinject nitrogen into its mature Hawkins field in Texas, extending its life by 25 years and enabling the recovery of an additional 40 million barrels of oil equivalent, the company said January 13. The Hawkins field, near Tyler in northeastern Texas, was discovered by ExxonMobil predecessor Humble Oil in 1940, according to the spokesman, David Eglinton.