ExxonMobil Reexamines Value of its Oil Reserves

ExxonMobil expects that the downturn could affect the value of roughly 4.6 billion barrels of oil reserves. With the oil price hovering around $45, many companies have found that it is not profitable to produce certain types of oil, which cost more to extract from the ground. As such, certain…

Support OILMAN Magazine

Please Log In to view this content.

Not a subscriber? Please Subscribe here for unlimited access.

Author Profile
Digital Content Manager
3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

Related posts