ExxonMobil 2040 Outlook Simplified: Supply MAJORITY of the demand will be met by oil and natural gas The great energy challenge of the future, which will test all sources, is meeting the Natural gas SURPASSES coal as second-largest…
Four Trends Drive Growth DRILLING OUTLOOK Short-term and Long-term PROGRESSION OF REPLACEMENT OF BUILDOUT OF DEVELOPMENT OF UNCONVENTIONAL AGING RIG FLEET DEEPWATER RIG FLEET FLOATING TECHNOLOGIES PRODUCTION SYSTEMS 2014 NOV…
Projecting Unconventional Liquids Rig Count Global Rig Activity An example 2040 Active Rig Count: Land and Offshore ExxonMobil FUTURE Production 7,200 6,690 WW 10 Year Unconventional +2.1 % Strategic Liquid CAGR Plan Production…
Annual Well Count Annual Land Well Count Global Well Count Projections per Year Global Land Well Count Projections per Year FUTURE FUTURE 135 121,203 135 116,725 Land Well Count (Thousands) 90 90 Well Count (Thousands)…
FPSO Fleet FLOATING FPSO Fleet Projections PRODUCTION FUTURE 540 469 360 FPSO Fleet (Units) 180 0 2000 2014 2019 2024 2040 FPSO FPSO Source: NOV 2014 NOV NOV View Ahead 21 2014 NOV NOV View Ahead 22 FPSO…
INTERVENTION FPSO ADDITIONS & COMPLETION THROUGH 2040 FPSO 303 Source: NOV 2014 NOV NOV View Ahead 25 2014 NOV NOV View Ahead 26 Frac Stages Frac Stage Projections for U.S. Land Market 150 FUTURE PREPARING FOR THE…
Growing demand will TEST ALL SOURCES AGING of conventional reservoir base Development of more CHALLENGING reservoirs Deepwater and unconventionals become the NEW NORMAL Capitally intensive process requires NEW EFFICIENCIES 2014 NOV…