ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production
Green Car Congress
FEBRUARY 9, 2018
This was the largest addition to the resource base since the acquisition of XTO Energy in 2010. Through its acquisition of various entities from the Bass family of Fort Worth, Texas in 2017, ExxonMobil added significant resource in the Permian Basin, with upside potential in multiple additional prospective horizons.
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