ExxonMobil is constructing what could become one of the world’s largest low-carbon hydrogen and ammonia facilities — a flagship project that marks a defining moment in the evolution of U.S. energy infrastructure.
ExxonMobil is turning Proxxima™—its polyolefin thermoset resin tech—into a scaled product platform through a three-phase build-out: (1) U.S. capacity + early customer demos, (2) verticalized solutions and licensing, and (3) multi-region replication tied to lower-emissions materials demand.
In a move that signals both consolidation and strategic rebalancing in East Texas, XTO Energy (a subsidiary of ExxonMobil) has transferred a pipeline a 466 mile permit to Urban Oil & Gas Group, LLC, amid broader divestment of East Texas assets.
ExxonMobil’s latest innovation in the Permian Basin is paying off. By deploying its proprietary lightweight proppant—a low-cost material produced from petroleum coke—the company is reporting up to 20% higher recovery rates across more than 100 wells.
ExxonMobil’s Q2 2025 earnings call spotlighted a company doubling down on technology as the engine of future growth in the Permian Basin. By pairing record production with breakthrough innovations—such as lightweight proppants that boost recovery rates and extended laterals that stretch capital efficiency
A cornerstone of Exxon’s Q2 success was Permian Basin output, which hit a record 1.6 million barrels of oil equivalent per day (boe/d). This helped boost total upstream production to 4.6 million boe/d — the highest second-quarter figure since the Exxon-Mobil merger over 25 years ago.
As 2025 enters its second half, ExxonMobil stands at a critical juncture—leveraging its scale, technology, and capital discipline to drive upstream growth, especially in the Permian Basin. From advanced fracking to record production, here are the top 5 strategic priorities that will shape ExxonMobil’s momentum through year-end.
ExxonMobil’s Wink to Webster pipeline strategically operates as North America’s highest-capacity link between the Permian Basin and Gulf Coast refining capacity.
ExxonMobil has reached a major milestone: 1,000 horizontal wells drilled in the New Mexico portion of the Delaware Basin — just seven years after the first spud in 2017.
In 2024, XTO Energy, a subsidiary of Exxon Mobil, made headlines with its strategic decision to divest oil and gas facilities across key regions in the United States. This move reflects a broader trend within the energy sector, as companies reposition themselves to maximize value from their most competitive assets. Among the most notable transactions this year was XTO’s sale of its facilities in the Freestone Trend area of East Texas to Houston-based Hilcorp Energy.
