Exxon: Longer Laterals, Cube Well Design Lowering Permian Costs / Latest / By mark Exxon Mobil is boosting spending to grow global oil and gas production by 18% by 2030. U.S. rival Chevron Corp. recently said it’s cutting spending in favor of free cash flow. Share this: Click to share on Facebook (Opens in new window) Facebook Click to share on X (Opens in new window) X Related