ExxonMobil Achieves 1,000-Well Milestone in New Mexico Delaware Basin

XOM
September 06, 2025
ExxonMobil has reached a significant operational milestone by completing its 1,000th well in the New Mexico Delaware Basin. This achievement underscores the company's extensive development activity in the Permian Basin. The Delaware Basin is a crucial component of ExxonMobil's advantaged upstream portfolio, contributing substantially to its oil and gas production volumes. This milestone reflects the company's commitment to efficient resource recovery and operational scale. This sustained drilling activity is a key driver of ExxonMobil's production growth and profitability in the Permian. It demonstrates the company's capability to execute large-scale development programs in one of the world's most prolific shale plays. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.