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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. Excluding the impact of asset sales, reserves additions replaced 110% of production. Asset sales in 2008 reduced proved reserves by 0.1

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