The top local stories this morning from KERA News: Irving-based Exxon Mobil has made a major acquisition in the Permian Basin oil fields. The Fort Worth Star-Telegram 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 may be the deepest-red urban county politically 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 -- scheduling visits to treat patients in their homes.
You can listen to North Texas stories weekdays at 8:22 a.m. and 6:20 p.m.
