Exxon Plans Widespread Automated Drilling Across Permian

ExxonMobil is expanding automated drilling in the Permian Basin, planning to convert about a quarter of its fleet next year and half by 2028, with more than 30 rigs currently in operation and two already automated. The shift aims to improve safety by moving heavy, high-risk pipe handling off the rig floor and to accelerate well development and completion times. Company executives say automation frees workers to focus on planning and other tasks, while the broader technology suite targets higher recovery and faster drilling amid shale’s technical constraints. Exxon is targeting roughly a 40% increase in Permian production to about 2.5 million barrels of oil equivalent per day by 2030, as part of a broader push to grow regional output. The plan contrasts with Chevron’s strategy, which emphasizes stable volumes and free cash flow rather than further volume growth. These automation efforts are framed as central to Exxon’s strategy to boost Permian output and overall efficiency in a challenging shale landscape.