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ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production

Green Car Congress

FEBRUARY 9, 2018

billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. In Mozambique, ExxonMobil acquired a 25% indirect interest in Area 4, which contains an estimated 85 trillion gross cubic feet of natural gas in-place. Exxon Mobil Corporation added 2.7 ExxonMobil’s proved reserves totaled 21.2

2017

2017 Papua New Guinea Oil Guyana

RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

Green Car Congress

JUNE 20, 2012

While DoD and the services will have access to the wholesale fuel supplies they require, the purchase price may be uncomfortably high. As fuel consumers, DoD and the services have only one effective option to deal with high petroleum prices: to reduce use of petroleum fuels overall. Could oil production peak before 2030?

Price

Price Turkey Oil-Sands Fuel

EV Driven

ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production

RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

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