EM
Permian Basin
Oil Gas
Type
Operating
Status
🇺🇸 United States, Texas and New Mexico (Permian Basin)
Country
Project information
As at 31 December 2025
Aggregation level:
Play or complex
Aggregation level:
Play or complex
Report standard:
Sec S K 1200
Report standard:
Sec S K 1200
Ownership %:
100
Ownership %:
100
Operator:
Yes
Operator:
Yes
Extraction:
Unconventional Shale
Extraction:
Unconventional Shale
Description
As at 31 December 2025
Liquids-rich unconventional development across the Delaware and Midland sub-basins of West Texas and New Mexico — ExxonMobil's primary onshore U.S. growth asset, expanded by the May 2024 Pioneer Natural Resources acquisition. Record total production of 1.6 Moebd in 2025, ~0.4 Moebd above 2024. Development applies ExxonMobil cube design, proprietary lightweight proppant, and leading drilling/completion technology for industry-leading capital efficiency. Production expected to reach ~2.5 Moebd by 2030. On track for net-zero Scope 1+2 GHG emissions in integrated Permian operated assets by 2035.
Oil & Gas metrics
As at 31 December 2025
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