While ExxonMobil delivered another quarter of record Permian production at more than 1.8 MMboe/d, management made it clear that future value creation will depend less on adding volumes and more on improving recovery and capital efficiency. In their Q2 2026 earnings call, the company highlighted significant progress deploying extended-reach laterals, AI-driven drilling optimization, advanced completion designs, and enhanced recovery technologies across its acreage. During the first half of 2026, ExxonMobil drilled more than 80 four-mile laterals, supported by its Houston-based remote operations center and real-time data analytics, while management noted it now has more than 1,200 horizontal wells exceeding three miles, roughly three times the count of its nearest competitor. These longer laterals reduce surface infrastructure requirements, lower development costs per barrel, and improve capital productivity.
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ExxonMobil’s Proprietary Proppant Propels Record Permian Output
ExxonMobil delivered another strong performance in Q3 2025, further cementing its reputation as an industry leader in operational execution and capital efficiency. The company reported strong earnings per share, driven by disciplined cost management and continued advancements in technology.
All At Once – Producers Ramp Up Simultaneous Fracking, Triple Fracking to Increase Efficiency
E&Ps and oilfield service companies are constantly chasing the latest techniques to extract oil and gas faster and easier. Hydraulic fracturing was, of course, a game-changer, but now producers are using simultaneous fracking and even triple fracking, relatively newer approaches that use more resources but boost efficiency. In today’s RBN blog, we’ll break down these strategies, explore when they make sense for operators, and highlight the biggest challenges.
APA Playing the Long Game
On their 4Q and full-year 2025 earnings call, APA outlined a 3-pronged approach to driving value; high-grading their portfolio, reigning in costs, and developing additional drilling prospects.
