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Stock Market & Financial Investment News

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February 19, 2013
09:03 EDTXOMExxon Mobil says 2012 reserves replacement totaled 115%
Exxon Mobil announced it replaced 115% of its 2012 production by adding proved oil and gas reserves totaling 1.8B oil-equivalent barrels, including a 174% replacement ratio for crude oil and other liquids. At year-end 2012, ExxonMobil's proved reserves totaled 25.2B oil-equivalent barrels, which was made up of 51% liquids and 49% natural gas. At year-end 2011, ExxonMobil's proved reserves base was 24.9B oil-equivalent barrels, made up of 49% liquids and 51% gas. Liquid additions during 2012 totaled 1.4B barrels or 174% of production and natural gas additions totaled over 400M oil-equivalent barrels for a 56% replacement ratio. Excluding the impact of asset sales, reserves additions during 2012 replaced 124% of production.
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August 27, 2014
06:22 EDTXOMExxon division pays $1.4M to settle Louisiana spill claims, Reuters says
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