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clean-burning natural gas resources for
development and delivery to consumers.
Carbon Capture and Storage
With
a deep base of technical knowl-
edge and a commitment to improving
environmental performance, ExxonMobil
is active in the evaluation and adoption
of Carbon Capture and Storage (CCS)
around the world.
By integrating three individual tech-
nologies the oil and gas industry has used
for decades – capture, transportation
and storage – CCS could enable power
plants and industrial facilities to achieve
meaningful management of greenhouse
gas emissions, while maintaining their
ability to produce much-needed energy
and other products.
Improved Search
With
the Remote Reservoir Resistivity
Mapping (R3M) that was developed by
ExxonMobil’s scientists based on a
simple fact that oil and gas are poor
conductors of electricity, the ability to
search for oil and gas has been improved,
particularly in hard-to-reach locations
such as deep water.
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Advanced Technologies
Advances intechnologieswill playacritical role inmeetingglobal energydemandbecause
theyenablethediscoveryofnewresources, accesstoharshor remote locationsandthe
development of challenged reservoirs that previouslywere not economic to produce.
Seismic mapping
Four
decades ago, ExxonMobil pio-
neered an exploration technology called
3-D seismic, which uses sound waves to
form sharp three-dimensional images of
underground formations, facilitating the
location of oil and gas deposits. Now,
3-D seismic is standard throughout the
energy industry. Today, ExxonMobll
uses four-dimensional seismic technol-
ogy, which compares 3-D seismic sur-
veys from the same field over different
points in time, to extend its reach, and
optimising thermal recovery in heavy-oil
reservoirs.
Extended Reach Technology
Today
, wells can be drilled horizontally
as well as vertically, beginning miles
from the oil and gas they are intended to
reach. Extended reach technology allows
the development of long-reach wells that
can extend horizontally for miles in the
subsurface. By using this technology,
previously inaccessible resources can
be accessed, often in complex and chal-
lenging environments such as the Arctic.
Extended reach technology also reduces
environmental footprint.
Enablingproductionof newenergy sources
Over the coming decades, energy sources will continue to evolve and diversify, driven by changes in technology, consumer
needs, andpublicpolicies. Ongoingadvances inexplorationandproductiontechnologycontinuetoexpandthesizeof theworld’s
recoverablecrudeandcondensateresources.Despiterising liquidsproduction, it isestimatedthatby2040, about65percentof
theworld’s recoverable crude and condensate resource basewill have yet to be produced. Even as global oil production rises,
the estimated size of the global recoverable resource base continues to increase as a result of advancements in science and
technology that have enabled the production of newsources of liquid fuels.
Deepwater Technology
Advances
in technology have enabled
ExxonMobil to produce offshore oil and
gas deposits in water depths that were
impossible a generation ago. Today, a
floating production, storage and offload-
ing (FPSO) vessel can be built to reach
targets in water depths of over 5,000 feet.
Controlled Freeze Zone™ (CFZ)
Technology
Through
their research, ExxonMobil
scientists have invented and patented
the Controlled Freeze Zone™ technology,
a breakthrough process that more ef-
ficiently removes impurities from natural
gas.
This proprietary CFZ™ technology
is significant because as much as one
third of today’s world gas resources
contain large amounts of carbon dioxide
(CO2). While conventional technolo-
gies are unable to efficiently process
natural gas with large concentrations
of CO2, the CFZ™ technology has the
ability to process natural gas with any
amount of impurities. The application
of this technology at a global scale could
therefore expand the pool of affordable