Irving-based ExxonMobil said last week its record 5.0 million oil-equivalent barrels per day of production in 2025 fourth quarter included 1.8 million boed from the Permian Basin. The surge “is largely attributed to the successful integration of Pioneer Natural Resources, a $60 billion mega-merger finalized in 2024 that more than doubled Exxon’s footprint in the Midland Basin.”
Darren Woods, chairman and CEO, said Jan. 30, “ExxonMobil is a fundamentally stronger company than it was just a few years ago, and our 2025 results demonstrate that… We’re capturing more value from every barrel and molecule we produce and building growth platforms at scale – creating a long runway of profitable growth through 2030 and beyond.”
ExxonMobil said full-year net production reached its highest level in more than 40 years at 4.7 million boed, including 1.6 million boed from Permian Basin.