Permian Basin

We operate in the United States' largest oil-producing region, spanning West Texas and Southeast New Mexico. Our team’s innovation and hard work drive our progress, delivering safe, reliable energy while reducing emissions.

Following our acquisition of Pioneer Natural Resources in 2024, we’ve more than doubled our footprint in the Permian Basin, making us the largest contiguous acreage holder. By 2030, we expect to double our production in the Permian Basin vs. 2024, to approximately 2.5 million oil-equivalent barrels per day.

We are committed to being a responsible neighbor, driving local economic growth, and improving the quality of life in the communities where we work and live. We have 3,000+ employees and contractors who live and work in the Permian Basin. We invest more than $3M annually in local non-profits – from STEM education, healthcare, and food security to thousands of hours volunteering.