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Deepwater technology

Advances in technology have enabled ExxonMobil to produce offshore oil and gas deposits in water depths that were impossible a generation ago.

Today, we can build a floating production, storage and offloading (FPSO) vessel that enables us to reach targets in water depths of over 5,000 feet.

We recently deployed these deepwater technologies in the Erha fields offshore Nigeria, where we are partnering with the Nigerian National Petroleum Corporation to produce at water depths of 4,000 feet.

The success of our approach is demonstrated by the addition of an average of 3.1 billion oil-equivalent barrels to the resource base per year over the past five years.