Exxon 2010 Annual Report Download - page 17

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ExxonMobil Integrated Oil Competitor Average(1)
201020092006 2007 2008
60
50
40
30
20
10
Upstream Return on Average Capital Employed
(percent)
(1)RoyalDutchShell,BP,andChevronvaluesareestimatedonaconsistent
basiswithExxonMobil,basedonpublicinformation.
CHART
OWNER
NAME
Fancher/Controllers
ART BOOK
Eric Whetstone • Whetstone Design
office:฀214-583-6118฀•฀cell:฀214-412-8000
EDITOR
Gloria Moncada • Investor Relations
Exxon Mobil Corporation, Irving, TX
office:฀972-444-1151฀•฀cell:310-505-2771
Carol Zuber-Mallison • ZM Graphics, Inc.
studio/cell:฀214-906-4162฀•฀fax:฀817-924-7784
ATTENTION: OWNER VERSION
AS OF
APPROVED BY
Fancher/Controllers
Feb. 09, 2011
FILE INFO
LAST FILE CHANGE MADE BY
27A 10XOMFO-
UpstreamROCE.ai
No
Carol EricJames Bill
IN F&O ON PAGE
IN SAR ON PAGE
Note:
Includes link file
!
CHART
IS IN
BOTH
SAR and F&O
ExxonMobil’s focus on disciplined cost management and selective investments ensures that we continue to deliver
strong results, while also continuing to grow our portfolio and progress technologies for the future.
Our Controlled Freeze Zone demonstration plant in Wyoming is
commencing the testing phase. This technology has the potential
to enable commercialization of additional sour gas resources.
Our 2010 Upstream results were underpinned by safety and environmental
performance improvements, high reliability of our facilities, strong operating and
capital spending discipline, and significant production volume growth.
4.4
million
oil-equivalent barrels
of net production
per day,
13 percent higher
than 2009
RESULTS & HIGHLIGHTS
Best-ever workforce safety performance.
Earnings were $24.1 billion.
Return on average capital employed was 23 percent,
averaging 37 percent over the last five years.
Earnings per oil-equivalent barrel were $14.85.
Total net production of liquids and natural gas available
for sale was 4.4 million oil-equivalent barrels per day.
Proved oil and gas reserves additions were 3.5 billion
oil-equivalent barrels, replacing 211 percent
of production
excluding asset sales.
Resource base additions totaled 14.6 billion
oil-equivalent barrels;
ExxonMobil’s total resource base
now stands at 84 billion oil-equivalent barrels.
Exploration resource addition cost was $0.87 per
oil-equivalent barrel.
Upstream capital and exploration spending
was $27.3 billion,
driven by an active exploration program,
selective investment in a strong portfolio of development
projects, and continued investment to enhance the value of
existing assets.
15
EXXON฀MOBIL฀CORPORATION฀ •฀ 2010฀SUMMARY฀ANNUAL฀REPORT