Remove Barrel Remove Basin Remove Technician
article thumbnail

ExxonMobil’s Permian Basin Strategy: How Technology is Driving Efficiency and Growth

Oil Gas Leads

CERAWeek 2025 Insights ExxonMobils expansion in the Permian Basin took center stage during CERAWeek 2025 , where executives highlighted how technology is reshaping operations to maximize efficiency and production. million barrels per day (bpd) accounting for over 16% of the basins total production.

52
article thumbnail

U.S. Rig Count Dips Slightly After Five-Week Streak – Baker Hughes

Oil Gas Leads

million barrels per day (bpd) in 2024 to around 13.6 Gas drilling activity could increase in response to a projected rise in gas prices, potentially benefiting gas-heavy basins like the Marcellus and Haynesville. crude oil production will rise from a record 13.2 million bpd in 2025.

Oil 52