Energy and environment

Oil

We use our unique geoscience capabilities and understanding of the global hydrocarbon endowment to identify and prioritize quality resources.

Oil operations

Aiding mobility and modern products

Oil will continue to provide the largest share of the energy mix: essential for transportation and chemicals — supplying about 55 percent of the world’s energy needs through 2040.

ExxonMobil has a long history of research in the fundamental scientific and engineering principles required to develop oil and gas. Many conventional onshore oil fields are maturing. Meeting rising energy demand requires new production from less traditional resources, like oil sands. Most of the world’s remaining reserves are owned or controlled by national governments. Only a fraction of total global oil reserves are accessible for private sector investment, with most of these accessible reserves in Canada’s oil sands. Through the responsible development of its oil sands, Canada continues to play an increasingly important role in meeting rising global energy demand.

~95%

of current transportation energy needs are met by oil

30% increase

in global energy demand for transportation projected by 2040

Energy supply evolves to meet diverse demand

Global demand by fuel - quadrillion BTUs
Energy supply evolves to meet diverse demand
Oil continues to play a leading role in the world's energy mix

Oil Spill Response Field Manual

This manual provides general oil spill response principles. It is a collection of "Rules of Thumb" and checklists that provide quick access to the information needed when formulating response strategies.

Risk management Oct. 2, 2015

The energy industry’s joint safety venture, Marine Well Containment Company (MWCC)

In July 2010, Shell, Chevron, ConocoPhillips and ExxonMobil recognized the need to be better prepared for a deepwater well-control incident and committed to providing a new containment-response capability for the U.S. Gulf of Mexico. In turn, MWCC was formed and its Containment System provides operators in the deepwater U.S. Gulf of Mexico the well-containment technology and equipment necessary to mount an effective response to a subsea well-control incident.

Risk management Article Sept. 12, 2018

All articles about oil

Go inside one of the world's largest oil platforms Towering over the North Atlantic, day and night, an engineering wonder helps to responsibly meet the world’s rising energy demand. Welcome to Hebron, an immense platform that is designed to produce up to 150,000 barrels of oil a day. Hundreds of people work on the rig to ensure seamless and safe operations. From the drill room to the music room, watch our video and explore what is a truly exceptional place.

Oil Energy Factor Dec. 20, 2018

Brazil a bold energy investment In September 2017, ExxonMobil had interest in just two offshore blocks in Brazil, totaling slightly more than 161,000 net acres.

Oil Energy Factor Nov. 2, 2018

Canadian oil sands: a source of secure, accessible and affordable energy Through the responsible development of its oil sands, Canada continues to play an increasingly important role in meeting rising global energy demand.

Oil Article Sept. 17, 2018

Discovering hidden hydrocarbons: using seismic-imaging technology to map formations far below the earth's surface Nearly 50 years ago, ExxonMobil pioneered a technology called 3-D seismic imaging, which uses sound waves to form three-dimensional images of geologic formations. These images have become the industry standard for understanding subsurface geology and finding oil and gas deposits.

Exploration Article Sept. 13, 2018

The energy industry’s joint safety venture, Marine Well Containment Company (MWCC) In July 2010, Shell, Chevron, ConocoPhillips and ExxonMobil recognized the need to be better prepared for a deepwater well-control incident and committed to providing a new containment-response capability for the U.S. Gulf of Mexico. In turn, MWCC was formed and its Containment System provides operators in the deepwater U.S. Gulf of Mexico the well-containment technology and equipment necessary to mount an effective response to a subsea well-control incident.

Risk management Article Sept. 12, 2018