Production

ExxonMobil applies the most cost-effective technology and operations management systems to maximize the commercial recovery of hydrocarbons from all of our assets.

Maximizing the profitability of existing oil and gas production is one of our core strategies. We leverage our global organization to manage oil and gas assets through application of best practices and the rapid sharing of learnings, experience, and expertise. Our unique organizational structure combined with a set of globally consistent processes enables us to define priorities on a worldwide basis and to deploy resources when and where they are most valuable. This allows every production unit to have access to an experienced, dedicated, and diverse workforce of exceptional quality.

Managing the Base
ExxonMobil’s asset base is highly profitable and geographically diverse. We place significant focus on managing and optimizing base performance and generating quality opportunities to maximize the value of our assets. Through effective reservoir management and thorough depletion planning, we invest to increase resource recovery, maximize profitability, and ensure optimum long-term field performance. Work programs deliver new production volumes through drilling new wells, working over and maintaining existing wells, and effective implementation of secondary and tertiary recovery programs. These include using water or gas injection, heavy oil steamflooding, and sour gas injection techniques to increase reservoir recovery.

Focus on Operations Integrity
Operations integrity is fundamental to our success and is our top priority. Through our Operations Integrity Management System (OIMS), integrity management processes address all aspects of our operations and define global standards for safe and environmentally sound operations. The effective application of OIMS is regularly tested and reviewed at all of our operating facilities, ensuring that best practices are captured and shared globally. By leveraging global best practices to improve facility reliability, ExxonMobil is able to maximize production by minimizing unplanned events. Maintenance activities are rigorously planned and executed, resulting in optimized schedules and reduced impact from facility turnarounds.

Earnings
We have consistently delivered higher earnings per barrel than our competitors due to our commitment to investment discipline, application of innovative technology, superior execution, and ability to maximize resource recovery.