Which U.S. oil main produced essentially the most in 2025 – ExxonMobil, Chevron, or ConocoPhillips?
Nicely, in keeping with their not too long ago launched 2025 outcomes statements, ExxonMobil took high spot, with 4.736 million barrels of oil equal per day, adopted by Chevron, with 3.723 million barrels of oil equal per day, and ConocoPhillips, with 2.375 million barrels of oil equal per day.
Exxon’s 2025 manufacturing determine was up from its 2024 manufacturing determine of 4.333 million barrels of oil equal per day, the corporate’s outcomes assertion confirmed. Chevron and Conoco’s 2025 manufacturing figures additionally marked will increase in comparison with 2024 output. Chevron reported oil equal manufacturing of three.338 million barrels in 2024 in its newest outcomes and Conoco reported internet oil equal output of 1.987 million barrels per day in 2024 in its 2025 outcomes assertion.
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ExxonMobil
ExxonMobil famous, in its 2025 outcomes, that full 12 months internet manufacturing reached its highest degree in additional than 40 years at 4.7 million oil equal barrels per day.
“Manufacturing from the Permian, at 1.6 million oil equal barrels per day, and Guyana, which exceeded 700,000 gross barrels per day, achieved annual data,” the corporate highlighted.
“Advantaged belongings within the Permian, Guyana, and LNG represented 59 p.c of manufacturing in 2025, a rise of roughly seven proportion factors from 2024,” it added.
Exxon identified in its outcomes assertion that internet manufacturing within the fourth quarter reached 5.0 million oil equal barrels per day, “with advantaged belongings setting new quarterly manufacturing data, together with 1.8 million oil-equivalent barrels per day within the Permian and Guyana approaching 875,000 gross barrels per day”.
Chevron
Chevron highlighted in its newest outcomes that its worldwide and U.S. internet oil equal manufacturing “set annual data”.
“For 2025, the Hess acquisition contributed 261,000 barrels of oil equal per day, whereas legacy Chevron operations added one other 124,000 barrels of oil equal per day, pushed by progress within the Permian Basin and venture ramp-ups at TCO and within the Gulf of America,” the corporate acknowledged.
Mike Wirth, Chevron’s chairman and CEO, stated within the firm’s newest outcomes assertion that 2025 “was a 12 months of great achievement”.
“We efficiently built-in Hess, started-up main tasks, delivered report manufacturing and reorganized our enterprise,” he added.
ConocoPhillips
In its newest outcomes assertion, ConocoPhillips highlighted that it delivered full 12 months complete firm and Decrease 48 manufacturing of two.375 million barrels of oil equal per day and 1.484 million barrels of oil equal per day, respectively, outlining that each had been “in step with steerage” and that manufacturing “displays 2.5 p.c complete firm underlying progress”.
ConocoPhillips Chairman and CEO Ryan Lance stated within the assertion that the corporate “delivered one other 12 months of sturdy efficiency in 2025”, including that ConocoPhillips “outperformed” its “preliminary manufacturing, capital, and price steerage; efficiently built-in Marathon Oil … ; and made sturdy progress on … incremental price discount and margin enhancement efforts”.
The corporate identified in its assertion that its manufacturing for 2025 marked a rise of 388,000 barrels of oil equal per day from the prior 12 months. After adjusting for impacts from closed acquisitions and inclinations, manufacturing elevated by 57,000 barrels of oil equal per day, or 2.5 p.c, from the 12 months in the past determine, ConocoPhillips outlined.
ExxonMobil and Chevron each launched their most up-to-date outcomes statements on January 30. ConocoPhillips launched its outcomes assertion on February 5.
For the complete 12 months 2025, ExxonMobil reported earnings of $28.8 billion. Chevron reported complete earnings of $12.29 billion in 2025, and ConocoPhillips reported earnings of $7.98 billion in 2025.
In a BofA International Analysis report despatched to Rigzone again in January, analysts provided a comparability of world “large oil” firms. To see that comparability, click on right here.
To contact the creator, e-mail andreas.exarheas@rigzone.com
