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ExxonMobil to boost output by expanding automated drilling in the Permian

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XOM ExxonMobil Holdings Corp
$165.11 -0.63%
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  1. 1ExxonMobil (XOM) expands use of automated drilling technology in the Permian Basin
  2. 2Two of more than 30 rigs automated…targeting about a quarter next year and half by 2028
  3. 3Plans to lift Permian production by nearly 40% to 2.5 million barrels of oil equivalent per day by 2030

This 3-line summary is compiled from the report below.

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