After a year of record Permian output, transformational M&A, and heavy investment in technology, ExxonMobil enters 2026 with a very different operating posture than most global oil companies. While many peers are managing decline, Exxon is building what amounts to a vertically integrated energy-manufacturing platform — one designed to compound recovery, cash flow, and optionality across oil, gas, chemicals, and low-carbon markets.

AI and high-performance computing are being used to materially improve subsurface understanding, shorten decision cycles, and increase recoverable volumes, not merely to accelerate interpretation timelines .

Across surface execution, subsurface targeting, permitting behavior, and cadence consistency, Block 39T2S is a textbook manufacturing-style shale asset.

The restart of permitting after September 2024 isn’t a shift in strategy — it’s the next phase of a disciplined infill program, increasingly guided by AI-driven optimization.

The Permian Basin continues to reshape North America’s energy landscape—and natural gas liquids (NGLs) are now at the center of the next big growth wave. On Thursday, Enterprise Products Partners announced a major strategic move: Exxon Mobil is acquiring a 40% stake in Enterprise’s new Bahia NGL pipeline system and will help expand it to meet rapidly rising NGL production across the basin.

Exxon reported record Permian production of nearly 1.7 million BOE/d, driven by technology, Cube development, and operational efficiency. In the Midland Basin, they expanded their footprint with 80,000+ new acres, which they expect to enhance using Exxon’s proprietary proppant, drilling, and completion technologies.

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 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