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U.S. Upstream Leads ExxonMobil’s 2025 Strategy — Powered by “Advantaged” Projects

Oil Gas Leads

upstream growth, driven by advantaged assets like the Permian Basin, is central to the companys long-term performance. Upstream Results: Permian Power ExxonMobils U.S. upstream earnings jumped to $1.87 Upstream Results: Permian Power ExxonMobils U.S. upstream earnings jumped to $1.87 billion in Q1 2024.

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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. energy production, contributing 6.26.3

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What Comes After the Permian for IOCs? A Basin of Enormous Value

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A Multi-Pronged Strategy to Sustain Growth Beyond Tight Oils Crown Jewel The transformation of the United States into a global energy powerhouse over the past two decades is inseparable from the fracking-led renaissance of the Permian Basin. Although the pace of growth is clearly slowing, the basin still offers significant upside potential.

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AI Boom, Power Crunch: A New Off-Grid Opportunity for Oil & Gas

Oil Gas Leads

Developers are facing multi-year delays just to get on the grid, while utility timelines for new generation and transmission assets often stretch beyond 2030. But utility interconnection queues are overwhelmed.

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Shale Success at $40: Can Structural Cost Reduction Sustain the U.S. Oil Boom?

Oil Gas Leads

But as basins mature and geology becomes more challenging, the key question becomes: Can these gains be sustained, or has the industry already picked the low-hanging fruit? Mike Wirth, Chevron CEO Wood Mac data shows that weve got the lowest upstream breakeven in the industry. Below, we unpack how top U.S.

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BP and Chevron Hit Oil in Deepwater Gulf of America

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The discovery comes amid BP's broader pivot away from rapid renewables expansion toward reinforcing its upstream oil and gas portfolio to meet investor expectations and improve financial performance. million barrels of oil equivalent per day globally by 2030, with approximately 1 million barrels expected from the U.S.

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Oil Review Middle East - Untitled Article

Oil Review Middle East

Qatar could account for 20% of global supply after 2030, Rystad predicts, with continuing incremental expansion, its low breakeven and existing infrastructure ensuring dominance in the LNG market. ADNOC's LNG capacity is set to expand significantly with the Ruwais LNG project (9.6