Key Takeaways XOM reached nearly 1.7M boe/d in the Permian and plans to lift output to 2.3M barrels by 2030.Exxon says a new low-cost refinery coke proppant has boosted well recoveries by almost 20%.XOM bought 80,000 net Midland Basin acres to expand control of future drilling.Exxon Mobil Corporation (XOM) , a U.S. oil and gas giant, generates a significant portion of its revenues from exploration and production activities. The company’s upstream production growth is primarily driven by its major oil projec ...