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Friday, 9 February 2018

ExxonMobil adds 2.7bn barrels to reserves, replaces 183 percent of 2017 production

ExxonMobil adds 2.7bn barrels to reserves, replaces 183 percent of 2017 production

09 February 2018, Sweetcrude, Houston, Texas – ExxonMobil Corporation said Thursday it added 2.7 billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183 percent of production. ExxonMobil’s proved reserves totaled 21.2 billion oil-equivalent barrels at year-end 2017. Liquids represented 57 percent of the reserves, up from 53 percent in 2016. ExxonMobil’s …

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