Scandinavian Oil-Gas Magazinehttp://www.scandoil.com/moxie-bm2/by_province/americans_onshore/usa/exxonmobil-declares-2015-reserves-addition.shtmlExxonMobil declares 2015 Reserves AdditionExxon Mobil Corporation has added 1 billion oil-equivalent barrels of proved oil and gas reserves in 2015, replacing 67 percent of production, including
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Edit page New page Hide edit links Exxon Mobil Corporation has added 1 billion oil-equivalent barrels of proved oil and gas reserves in 2015, replacing 67 percent of production, including a 219 percent replacement ratio for crude oil and other liquids. At year-end 2015, ExxonMobil's proved reserves totaled 24.8 billion oil-equivalent barrels. Liquids represented 59 percent of proved reserves, up from 54 percent in 2014. ExxonMobil’s reserves life at current production rates is 16 years. |