Exxon 2008 Annual Report Download - page 23

Invest in Projects that
Deliver Superior Returns
ExxonMobil continues to focus on disciplined investment
decisions and industry-leading project execution to
deliver superior returns from Upstream projects.
As project scale and complexity increase across the
industry, the challenge to bring new energy supplies to
market on time and within budget is growing. ExxonMobil’s
project management systems leverage global best practices
from previous projects to provide a disciplined and
consistent approach to the diverse execution challenges
around the world.
Superior project execution begins with selecting the design
and operating concept that will be robust through a range
of uncertainties and that will deliver maximum value over the
life of the asset. It requires a commitment to and investment
in technology to develop innovative solutions that lower
costs, increase reliability, and deliver profitable volumes.
ExxonMobil spends a great deal of time on execution
planning to minimize cost and schedule risks during the
execution phase of major projects.
The combination of our global processes, proprietary
technology, and project management expertise results in
industry-leading project execution performance.
ExxonMobil has a large portfolio of project opportunities that
is both global and diverse. Many of these developments are
located in challenging environments and include deepwater,
heavy oil/oil sands, unconventional gas, arctic, liquefied
natural gas (LNG), and acid/sour gas projects. With a portfolio
Qatargas II Train 4 is the world’s largest LNG train with production capacity of 7.8 million tons per year. First LNG is expected in early 2009.
of more than 120 projects expected to develop over
24 billion oil-equivalent barrels (net), ExxonMobil
selectively funds those projects that deliver robust financial
performance and maximize profitable volumes growth
over a wide range of economic conditions.
Eric฀Whetstone฀•฀Whetstone฀Design฀Lab
office:฀214-788-6336฀•฀cell:฀
EDITOR
David฀Bailey฀•฀Investor฀Relations
Exxon฀Mobil฀Corporation,฀Irving,฀TX
office:฀972-444-1135฀•฀cell:214-478-9189
[email protected]
Carol฀Zuber-Mallison฀•฀ZM฀Graphics
studio/cell:฀214-906-4162฀•฀fax:฀817-924-7784
[email protected]
Usage:฀Exclusive฀rights฀within฀ExxonMobil
(c)฀2009,฀ZM฀Graphics฀฀฀Image฀can฀not฀be฀resold
ATTENTION:฀OWNER
Data฀list฀is฀used฀to฀drive฀the฀black฀and฀
template฀for฀the฀color฀chart.฀Bars฀and฀
lines฀are฀cut฀and฀pasted฀from฀the฀black฀
and฀white฀template฀and฀are฀highly฀
accurate.฀However,฀the฀color฀chart฀is฀
NOT฀linked฀to฀the฀database฀and฀is฀NOT฀
“driven”฀by฀the฀data;฀it฀is฀a฀piece฀of฀
artwork฀buiilt฀by฀a฀human.฀Therefore,฀the฀
editor฀needs฀to฀thoroughly฀proof฀the฀final฀
artwork,฀not฀JUST฀the฀data฀list.
VERSION
APPROVED฀BY
Sky฀/฀Upstream
Jan.฀17,฀2009
FILE฀INFO
LAST฀FILE฀CHANGE฀MADE฀BY
S21B฀08XOMS-
ProjByType.ai
Carol James Bill
IN฀F&O฀ON฀PAGE
IN฀SAR฀ON฀PAGE
Note:
S฀21฀B
Includes฀link฀file
IS฀IN
SAR฀and฀F&O
Same฀data
in฀a฀narrower฀form,
in฀F&O
“Dpwtr”
“Heavy฀Oil/Snds”
“Arctic”
“Acid/SourGas”
“LNG”
Unconv
“Conv”
Data฀as฀of฀01/16/2009
“Conv”฀ "Unconv"฀ “LNG”฀ “Acid/SourGas”฀ “Arctic”฀“Heavy฀Oil/Snds”฀“Dpwtr”
(percent, oil-equivalent barrels)
Resources฀in฀Projects฀by฀Project฀Type
Deepwater
Arctic
Conventional
Acid/Sour฀Gas
LNG
Unconventional฀Gas
Heavy฀Oil/Oil฀Sands
XXX
Eric฀Whetstone฀•฀Whetstone฀Design฀Lab
office:฀214-788-6336฀•฀cell:฀
EDITOR
David฀Bailey฀•฀Investor฀Relations
Exxon฀Mobil฀Corporation,฀Irving,฀TX
office:฀972-444-1135฀•฀cell:214-478-9189
[email protected]
Carol฀Zuber-Mallison฀•฀ZM฀Graphics
studio/cell:฀214-906-4162฀•฀fax:฀817-924-7784
[email protected]
Usage:฀Exclusive฀rights฀within฀ExxonMobil
(c)฀2009,฀ZM฀Graphics฀฀฀Image฀can฀not฀be฀resold
ATTENTION:฀OWNER
Data฀list฀is฀used฀to฀drive฀the฀black฀and฀
template฀for฀the฀color฀chart.฀Bars฀and฀
lines฀are฀cut฀and฀pasted฀from฀the฀black฀
and฀white฀template฀and฀are฀highly฀
accurate.฀However,฀the฀color฀chart฀is฀
NOT฀linked฀to฀the฀database฀and฀is฀NOT฀
“driven”฀by฀the฀data;฀it฀is฀a฀piece฀of฀
artwork฀buiilt฀by฀a฀human.฀Therefore,฀the฀
editor฀needs฀to฀thoroughly฀proof฀the฀final฀
artwork,฀not฀JUST฀the฀data฀list.
VERSION
APPROVED฀BY
Sky฀/฀Upstream
Jan.฀17,฀2009
FILE฀INFO
LAST฀FILE฀CHANGE฀MADE฀BY
S21A฀08XOMS-
ProjByGeo.ai
Carol James Bill
IN฀F&O฀ON฀PAGE
IN฀SAR฀ON฀PAGE
Note:
Includes฀link฀file
“Rus/Casp”
“Europe”
“MidEast”
DATA฀as฀of฀01/16/2009
“Americas”฀ “Africa”฀ “MidEast”฀ “Europe”฀ “AP”฀ “Rus/Casp”
(percent, oil-equivalent barrels)
Resources฀in฀Projects฀by฀Geographic฀Region
Americas
Europe
Africa
Asia Pacific
Middle฀East
Russia/Caspian
XXX
IS฀IN
SAR฀and฀F&O
Same฀data
in฀a฀narrower฀form,
in฀F&O
E X X O N ฀ M O B I L ฀ C O R P O R A T I O N ฀ •฀ 2 0 0 8 ฀ S U M M A R Y ฀ A N N U A L ฀ R E P O R T 21