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Energy Supply

Strengthening energy security and helping to advance the energy transition

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Providing the world with reliable and affordable energy

We responsibly explore for, develop and produce oil and natural gas. That’s not only the gas that fuels your car, it’s also the natural gas you use to cook your dinner or heat your home.

Increasing supplies of reliable energy and decreasing emissions is not an either-or proposition. We want to do both — strengthen energy security and help advance the energy transition.

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June 27, 2024
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June 27, 2024

ExxonMobil completes acquisition of Pioneer Natural Resources

The merger of ExxonMobil and Pioneer creates an Unconventional business with the largest high-return development potential in the Permian Basin. The combined company’s more than 1.4 million net acres in the Delaware and Midland basins have an estimated 16 billion barrels of oil equivalent resource.

Our Upstream portfolio

We have five Upstream businesses: unconventional, deepwater, heavy oil, liquefied natural gas (LNG), and conventional. This organizational model is underpinned by deep technical and commercial capabilities in all five.lit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

INCREASED PRODUCTION

Guyana

Our Guyana projects are our most successful deepwater developments and among the most competitive in our Upstream portfolio.

By 2027, we expect to be producing approximately 1.3 million barrels of oil a day on the Stabroek Block – the area with our discoveries off the coast of Guyana.

Our work in Guyana helps develop a globally competitive workforce by investing in local Guyanese communities and projects to support the country’s sustainable development.

INCREASED PRODUCTION

The Permian Basin

Our Guyana projects are our most successful deepwater developments and among the most competitive in our Upstream portfolio.

By 2027, we expect to be producing approximately 1.3 million barrels of oil a day on the Stabroek Block – the area with our discoveries off the coast of Guyana.

Our work in Guyana helps develop a globally competitive workforce by investing in local Guyanese communities and projects to support the country’s sustainable development.

PROMOTING INVESTMENT

Policy and energy security

Our Guyana projects are our most successful deepwater developments and among the most competitive in our Upstream portfolio.

By 2027, we expect to be producing approximately 1.3 million barrels of oil a day on the Stabroek Block – the area with our discoveries off the coast of Guyana.

Our work in Guyana helps develop a globally competitive workforce by investing in local Guyanese communities and projects to support the country’s sustainable development.

Driving reductions in methane emissions

Our Advancing Climate Solutions Report explains how we’re driving reductions in methane emissions.

What we do

Creating energy and sustainable solutions that improve quality of life and meet society’s evolving needs.

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ExxonMobil Global

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