How Exxon Is Betting Big on Automation to Unlock a New Era of Oil Production ExxonMobil Holdings Corporation has revealed plans to dramatically increase automation in its Permian Basin operations, targeting a 40% boost in output to 2.
5 million barrels per day by 2030. This move is part of the company's strategy to maximize oil recovery without breaking the bank.
The Permian Basin has long been a hotspot for oil production, and Exxon's plans to automate half its fleet by 2028 are just the latest example of the industry's quest for efficiency.