ExxonMobil $XOM earnings improve by 50%, beating estimates

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ExxonMobil Boosting Permian Basin Production 45% Through 2020; U.S. Unconventionals to Grow by >500 Mboe/d Through 2025

10/27/2017

ExxonMobil is running a program to boost their unconventional production by 20% annually through 2025. They will grow Permian Basin production by 45% through 2020.

Based on the investor slides, Exxon is raising Bakken, Delaware and Midland Basin production from current levels of ~200 Mboe/d to a 2025 level nearing 750 Moe/d.

via https://www.criterionrsch.com/