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https://www.wsj.com/articles/exxon-mobil-has-a-potash-problem-in-the-permian-basin-11669500508
A vital crop nutrient that lies underground near oil and natural-gas reserves is holding back Exxon Mobil Corp.’s development of a key asset in the booming Permian Basin.
Unlike many of its rivals in the largest U.S. oil patch, the Texas oil company shares a sizable chunk of its land with mining companies that extract potash and other minerals used to produce fertilizer from underground mines, blocking drillers’ direct access to bounties of oil-soaked rocks.
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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.