Exxon Mobil Corp. has announced it added 1 billion boe of proved oil and gas reserves in 2015, replacing 67% of production, including a 219% replacement ratio for crude oil and other liquids.
At year-end 2015, ExxonMobil’s proved reserves totaled 24.8 billion boe. Liquids represented 59% of proved reserves, up from 54% in 2014. ExxonMobil’s reserves life at current production rates is 16 years.
