ExxonMobil affiliates have been operating in Argentina for more than 100 years, and we have been part of the country’s oil and gas industry history since its early beginning.
Today, ExxonMobil in Argentina employs approximately 1,600 people through several Exxon Mobil Corporation affiliates: ExxonMobil Exploration Argentina S.R.L, Mobil Argentina S.A., and ExxonMobil Business Support Center Argentina S.R.L.
Since 2010, ExxonMobil Exploration Argentina (EMEA) has had a presence in the unconventional Vaca Muerta shale oil and shale gas play in the Neuquén Province, which is considered one of the most important unconventional resources in the world.
In 2016, following the successful initial exploration results in the Bajo del Choique-La Invernada block, EMEA began a pilot project. The project will enable EMEA to continue to assess the productivity and recovery of horizontal wells in the Vaca Muerta. It includes drilling five wells, as well as early production facilities and a gas pipeline. XTO Energy is providing operational support for the project.
Mobil Argentina S.A (MASA) holds 51% interest in the onshore field of Sierra Chata, Neuquén Province, producing natural gas and condensate. Most of MASA’s natural gas is sold to a variety of local distribution companies, industrial users and power generation companies in Argentina.
The Business Support Center Argentina S.R.L has provided services to different ExxonMobil affiliates in the Americas since 2004, and is operated as part of the larger business support center network, which has centers strategically positioned around the world. Current services cover controllers, human resources, information technology, procurement, tax and global real estate and facilities.
ExxonMobil is committed to investing in the countries in which we operate, and in Argentina, our contributions are focused on education, health and safety and women’s programs. ExxonMobil has developed long-standing relationships with organizations such as Fundación Leer, Fundación Cimientos and Fundación Cruzada Patagónica. Additionally, a group of voluntary employees formed the “Tigre Solidario” (Solidarity Tiger) project, coordinating and carrying out community service initiatives since 2004, such as the “Un Techo Para Mi País” (A Roof For My Country) program which brings shelter to low-income families.
Exxon Mobil Corporation has numerous affiliates, with many names that include ExxonMobil, Exxon, Mobil, Esso and XTO. For convenience and simplicity those terms and terms such as Corporation, company, our, we and its are sometimes used as abbreviated references to specific affiliates or affiliate groups.