“This is all part of our drive to get to Permian net zero that we said we would get to by 2030. Our plans are in place for that and we’re on schedule for it.”

In context

“e and trying to electrify the operation as much as we could, can you share with us where is Exxon in that journey? How far are you in terms of electrifying your operation in the Permian, and when you’re comparing to Pioneer, I don’t know whether you have the information that you can share, and whether you guys are ahead of them or that this will be part of the $2 billion of synergy benefit, or that you’re going to do more aggressively on that, this is going to be on top. Thank you. Neil Chapman: Yes, thanks Paul, good to hear from you. From our perspective, we have, I think, 17 rigs running right now in the Permian. All of those rigs are electrified, so we’re 100% on rigs and we’re working on fracs. Right now, I think we have one electric frac out of six frac crews running in the Permian. This is all part of our drive to get to Permian net zero that we said we would get to by 2030. Our plans are in place for that and we’re on schedule for it. That program, it’s simple as this - you have to reduce methane emissions. We’re well on track with reducing methane emissions. We have no routine flaring in the Permian now. We’ve replaced over 6,400 pneumatic devices, so you eliminate or your reduce methane emissions, then you electrify your operations, and as I’ve just described, we’re long way down the road in terms of electrification. Then we have to secure renewable electricity for those rigs and frac crews, and that’s the program we’re working on. In terms of Pioneer, I don’t have those numbers for Pioneer in terms of where they are on electrification, but what we have said is that we’re going to advance Pioneer’s target to go to net zero from 2050 to 2035, so 15 years sooner than anticipated, and that will follow probably that same”