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ExxonMobil declares 2015 Reserves Addition


Published Feb 22, 2016
Exxon Mobil Corporation

Exxon Mobil Corporation has added 1 billion oil-equivalent barrels of proved oil and gas reserves in 2015, replacing 67 percent of production, including a 219 percent replacement ratio for crude oil and other liquids.

At year-end 2015, ExxonMobil's proved reserves totaled 24.8 billion oil-equivalent barrels. Liquids represented 59 percent of proved reserves, up from 54 percent in 2014. ExxonMobil’s reserves life at current production rates is 16 years.

Tags: Exxon Mobil Corporation




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