The top local stories this morning from ËÄ»¢Ó°Ôº: Irving-based Exxon Mobil has made a major acquisition in the Permian Basin oil fields. reports the company’s buying 275,000 acres from the Bass family for $6.6 billion.
It’s Exxon Mobil’s seventh transaction in the Permian Basin in the last three years – and it’s largest since the company bought Fort Worth’s XTO Energy in 2010. The purchase would double Exxon’s existing resources in the Permian to 6 billion barrels of oil equivalent.
Forbes reports Sid Bass directly negotiated the sale with Rex Tillerson, Exxon Mobil’s former CEO. He’s been nominated by President-elect Donald Trump to become the next U.S. secretary of state.
Other stories this morning:
- Tarrant County in the U.S., but it wasn’t always that way. The county was Democratic through the late 1980’s, but things began to change in the Ronald Reagan era.
- You can call it EMS 3.0. Traditionally, ambulance crews arrive with sirens blaring, ready to rush someone to the hospital. Some paramedics in Fort Worth are doing the opposite -- to treat patients in their homes.
You can listen to North Texas stories weekdays at 8:22 a.m. and 6:20 p.m.
