Exxon 2010 Annual Report Download - page 21

Capitalize on Growing Natural Gas and Power Markets
ExxonMobil is well-positioned with our significant gas portfolio to deliver reliable supplies of affordable natural gas and power to help meet
increasing global demand. Our detailed knowledge of global energy markets allows us to maximize the value of our gas, natural gas liquids,
and power interests.
ExxonMobil is now the largest natural gas producer in the United States, following our merger
with XTO Energy Inc. We have an active drilling program under way in our U.S. unconventional
acreage and are pursuing the commercialization of natural gas resources in Alaska.
ExxonMobil is also a leading natural gas producer in Europe and remains among the largest
suppliers of domestic gas in Australia and Malaysia. In the Middle East, through our interests in
Qatar, we also supply significant pipeline gas sales as well as natural gas liquids.
ExxonMobil has a significant global position in the liquefied natural gas (LNG) market,
supported by our Qatar and Indonesia ventures. We also have ownership interests in a number
of LNG regasification facilities in Europe and the United States. These terminals and our suite of
sales arrangements position us well to access multiple markets and maximize LNG value.
ExxonMobil, together with our partners, continues to expand our LNG portfolio with projects
under construction in Papua New Guinea and Western Australia. We also have an active
exploration program, including pursuit of further shale gas resources and coal bed methane opportunities in Europe and Indonesia.
ExxonMobil has interests in approximately 16 gigawatts of power generation capacity worldwide. This includes an industry-leading
position in the application of cogeneration technology, with ExxonMobil interests in almost 5 gigawatts of capacity across
100 installations.
Maximize Resource Value through High-Impact Technologies
ExxonMobil’s commitment to technology gives us a competitive advantage in our exploration, project development, oil and gas recovery,
and production operations. Our technology development enables us to expand energy supply in a safe, efficient, and environmentally
responsible manner.
ExxonMobil continues to deliver advantaged technologies and advance significant breakthrough research. Our integrated
technologies allow us to achieve advances in conventional, deepwater, arctic, heavy oil, and, most recently, liquefied natural
gas development, to unlock resource potential previously considered uneconomic. Our multidisciplinary approach will enable
us to achieve advances in the development of unconventional gas both in North America and around the world. We are
integrating our proprietary shale gas research with the extensive data from our expanded unconventional portfolio. In addition,
we continue to expand our suite
of technologies ranging from
imaging hydrocarbon reservoirs to
drilling and developing heavy oil.
ExxonMobil is beginning the
field-testing phase of our
Controlled Freeze Zone commercial
demonstration plant. This
technology utilizes a single-step,
cryogenic process to more
efficiently treat sour natural gas.
It requires a much smaller footprint
than current technologies,
potentially reducing the cost
to develop these challenged
resources.
The Golden Pass liquefied natural gas terminal in Sabine Pass, Texas, initiated commissioning
and achieved first gas send-out in 2010. The diversity of our gas portfolio and global presence
allows us to maximize value through access to many markets.
14.7
billion
cubic feet per day
of gas sold
in 31 countries
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EXXON฀MOBIL฀CORPORATION฀ •฀ 2010฀SUMMARY฀ANNUAL฀REPORT