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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Microsoft Corporation | NASDAQ:MSFT | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1.27 | 0.31% | 407.93 | 407.90 | 407.92 | 17,737 | 11:07:22 |
From May 2019 to May 2024
By Michael Dabaie
Exxon Mobil Corp. (XOM) said Friday it is working with Microsoft Corp. (MSFT) to use cloud technology in its Permian Basin operations.
Exxon said use of Microsoft technology by its XTO Energy subsidiary is expected to improve capital efficiency and support Permian production growth.
Exxon said the partnership includes an integrated cloud environment that collects real-time data from oil field assets spanning hundreds of miles. Exxon said it will use the data for drilling optimization, well completions and prioritization of personnel deployment. Leak detection and repair response times could be further reduced with access to emissions data, the company said.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
February 22, 2019 09:50 ET (14:50 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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