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Exxon Mobil’s assertion that its newly revealed plans through 2030 put the major in “a league of our own” may be an effort in corporate branding with a flavoring of US pop culture, but it may also be true. The supermajor’s push to grow all businesses — led by oil and gas output of 5.4 million barrels of oil equivalent per day by 2030 — is indeed unmatched outside the world’s largest national oil companies. It is also the culmination of its continued confidence in oil — even if peak demand looms — and its aggressive accumulation of reserves through exploration and acquisitions. Exxon’s strategy update this week offered a first look beyond 2027, and its 2030 production projection is a staggering 44% higher than its 2023 output volume. If realized, Exxon’s output would more than double the 2030 plans of fellow supermajor BP and nearly double those of Shell, its historical heavyweight rival. It would also make Exxon a top-five global producer — a vaunted list now populated by Saudi Aramco, Gazprom, the National Iranian Oil Co. and China National Petroleum Corp., according to Energy Intelligence’s Top 100 data — and on the shortlist with the likes of Aramco and Abu Dhabi National Oil Co. in terms of full portfolio expansion. As with Exxon’s prior plans to hit 5 million boe/d by 2027, its three “advantaged” pillars of the US Permian Basin, Guyana and global LNG will drive 2030 growth, bolstered by the ongoing integration of recently acquired shale giant Pioneer Natural Resources. Exxon’s overall production averaged 3.74 million boe/d last year.