article thumbnail

ExxonMobil Reserves Replacement in 2008 Was 103% of Production

Green Car Congress

Additions to ExxonMobil’s proved reserves in 2008 totaled 1.5 billion oil-equivalent barrels—the bulk of it from Canadian oil sands—replacing 103% of production. Reserves additions from the Kearl Phase 1 oil sands project in Canada totaled 1.1 billion oil-equivalent barrels. billion oil-equivalent barrels.

2008 150