ExxonMobil


All posts for ExxonMobil

Supermajors’ Cost Index: How Efficient are they in Developing their Assets? | Petroleum Africa

The ‘lower for longer' oil price environment has forced oil and gas companies to look hard at their cost structures. Despite development costs accounting for more than 50% of total costs, the industry currently acks a widely accepted measure for assessing efficiency in this area.

Muktadir Ur Rahman


Posted 2 years agoLink > Supermajors Cost IndexBPShell +20

New Oil Contract Points to South Sudan Comeback

As the South Sudan government tries to raise production, a new player signs on with the promise of a $500-million investment. South Sudan's 2017 campaign to boost oil exploration and production is off to a running start. Nigerian upstream independent Oranto Petroleum announced today that it had sig ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 years agoPress > South SudanOranto PetroleumAtlas Oranto +4

Study: Oil, Gas Development Costs Fall, But Could Go Lower

Looking specifically at seven supermajors—BP, Royal Dutch Shell Plc (NYSE: RDS.A), Eni (NYSE: E), Chevron Corp. (NYSE: CVX), ExxonMobil Corp. (NYSE: XOM), Total (NYSE: TOT) and ConocoPhillips (NYSE: COP)—development cost per barrel of oil equivalent (boe) increased by 66% between 2011 and 2015, bu ...

Muktadir Ur Rahman


Posted 2 years agoLink > Supermajors Cost IndexBPShell +20

ExxonMobil Announces 2016 Reserves

Exxon Mobil Corporation (NYSE:XOM) announced today proved reserves were 20 billion oil-equivalent barrels at year-end 2016, inclusive of a net reduction of 3.3 billion oil-equivalent barrels from 2015. Reserves changes in 2016 reflect new developments as well as revisions and extensions to existin ...

OilVoice Press - OilVoice


Posted 2 years agoPress > ExxonMobilReserves

ExxonMobil to Acquire Companies Doubling Permian Basin Resource to 6 Billion Barrels

Companies' assets include 250,000 acres in highly prolific Permian Basin Adds more than 3.4 billion barrels of oil equivalent, of which 75 percent is liquids Upfront acquisition cost of $5.6 billion to be paid in ExxonMobil shares Exxon Mobil Corporation (NYSE:XOM) said today it will more than ...

OilVoice Press - OilVoice


Posted 3 years agoPress > ExxonMobilPermian Basin

ExxonMobil Announces New Oil Discoveries Offshore Guyana

Payara-1 well encounters more than 95 feet of high-quality, oil-bearing sandstone reservoirs Well is located in new reservoir about 10 miles from Liza-1 discovery Appraisal drilling at Liza-3 identified additional high quality, deeper reservoirs below the Liza field ExxonMobil ann ...

OilVoice Press - OilVoice


Posted 3 years agoPress > ExxonMobilEssoHess Guyana Exploration Ltd +2

Tillerson to face further Russia scrutiny this week

Note: Article originally written by Paul Harris, Glacier Media, and posted with permission. Former ExxonMobil CEO Rex Tillerson's track record in Russia will come under further scrutiny this week. Tillerson, who is Donald Trump's nominee for Secretary of State, will begin confirmation hearings w ...

Mark Young


Posted 3 years agoOpinion > tillersonExxonMobilRussia +7

ExxonMobil Announces New Natural Gas Discovery Onshore Papua New Guinea

Muruk-1 well encounters high-quality hydrocarbon-bearing reservoirs  Evaluation of the resource underway  Exxon Mobil Corporation (NYSE:XOM) today announced a new natural gas discovery in the Papua New Guinea North Highlands, 13 miles (21 kilometers) northwest of the Hides Gas Field. Interest ow ...

OilVoice Press - OilVoice


Posted 3 years agoPress > ExxonMobilOil SearchPapua New Guinea +1

Sharp Mountain Conferences Chemical Engineering Event

Sharp Mountain Conferences is staging its 3rd event / conference related to the oil and gas industry. Sector : Chemical Engineering Innovation in Copenhagen at the  Hilton Hotel Airport in Copenhagen Denmark.

Hilton Hannibal - Oil Political Diligence


Posted 3 years agoPress > Golar LNGLNGRefinery +3

ExxonMobil Awards Key Contracts for Liza Oil Development and Production in Guyana

Significant step toward first oil production in Guyana  Contracts awarded for floating production, storage and offloading vessel  Production license application and development plan filed with government  ExxonMobil subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), today annou ...

OilVoice Press - OilVoice


Posted 3 years agoPress > ExxonMobilGuyanaLiza Oil Development

ExxonMobil’s Energy Outlook Projects Population, Economic Growth to Drive Energy Demand

Global population growth of nearly 2 billion, a doubling of worldwide economic output and rapid expansion of the middle class in emerging economies are all expected to contribute to energy demand growth of about 25 percent from 2015 to 2040, according to ExxonMobil's 2017 Outlook for Energy: A View ...

OilVoice Press - OilVoice


Posted 3 years agoPress > ExxonMobilEnergy OutlookUSA

ExxonMobil Announces Tom Walters to Retire, Neil Duffin to be President of ExxonMobil Production Company; Liam Mallon to be President of ExxonMobil Development Company

IRVING, Texas--(BUSINESS WIRE)--Tom Walters, president, ExxonMobil Production Company, has announced his intention to retire after more than 38 years of service. Neil Duffin, currently president of ExxonMobil Development Company, has been appointed by the Exxon Mobil Corporation (NYSE:XOM) board of ...

Katie Woodward - OilVoice


Posted 3 years agoPress > ExxonMobilUnited StatesPeople on the Move +3

Sharp Mountain Conferences. Inauguration as a Event Organizer

Sharp Mountain Conferences  (SMC)  is pleased to announce that it has entered into a  agreement with top venues ( Five star hotels and conferences centres ) in  Europe to stage  big oil and gas events,congresses,conferences and tradefair shows. Known as the   New Kid on the Block as a playmaker ...

Hilton Hannibal - Oil Political Diligence


Posted 3 years agoPress > TotalDubaiSaudi Aramco +6