American Permian Basin.
sedimentary basin in the United States with large mineral and fossil fuel deposits
Exxon Plans Widespread Automated Drilling Across Permian
ExxonMobil is expanding automated drilling in the Permian Basin, planning to automate about a quarter of its rigs next year and half by 2028 to boost safety and efficiency, with two automated rigs currently in operation among more than 30. The company aims to lift Permian production by about 40% to 2.5 million barrels of oil equivalent per day by 2030, while Chevron pursues a different path focusing on cash flow over volume growth.
Business · 7 sources · Aug 24, 2026Read it
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About American Permian Basin
The Permian Basin is a large sedimentary basin in the southwestern part of the United States. It is the highest-producing oil field in the US, producing an average of 4.2 million barrels of crude oil per day in 2019. This sedimentary basin is located in western Texas and far-southeastern New Mexico.
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