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Canada’s oil sands are ranked third only to Saudi Arabia and Venezuela in terms of recoverable oil reserves.
Advances in technologies used for well drilling and completion have enabled the energy industry to reach new sources of oil and natural gas to meet rising demand around the world. New technologies have also helped reduce the environmental impact of energy production by allowing more oil and gas to be produced with fewer wells.
ExxonMobil has a strong record in the development of extended reach technology and has a suite of patented technologies that position us as the industry leader.
Advances in technology have enabled ExxonMobil to produce offshore oil and gas deposits in water depths that were impossible a generation ago.
With a working interest in approximately one-third of the world’s total carbon capture and sequestration (CCS) capacity, ExxonMobil is a leader in one of the most important next-generation low-carbon technologies. CCS is the process by which carbon dioxide gas that would otherwise be released into the atmosphere is captured, compressed and injected...
Nearly 50 years ago, ExxonMobil pioneered a technology called 3-D seismic imaging, which uses sound waves to form three-dimensional images of geologic formations.
Full wavefield inversion (FWI) is an integral part of our exploration and development efforts and a signature part of our suite of seismic capabilities known as EMprise.