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Logistics - Upstream and Downstream Business ExxonMobil...

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Upstream and Downstream Business
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ExxonMobil Upstream Exxon Mobil Corporation's exploration and production portfolio may well be the strongest in the industry. Their position in conventional, more mature basins is strong, they have leadership positions in what are generally acknowledged to be the key upstream growth areas in the world today: West Africa, the Caspian Sea region, South America, Eastern Canada and the Middle East. The upstream business is organized into five global companies: Exploration, Development, Production, Gas Marketing, and Research.
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Exploration ExxonMobil's Exploration portfolio is a global one, with activities in 48 countries around the world and undeveloped acreage holdings in excess of 120 million acres. In 1998, the companies added resources of more than 1.7 billion oil-barrels at a finding cost of less than $1 per barrel. ExxonMobil has a strong leadership position in all the key exploration areas in the world, including West Africa, South America, the Caspian region and Eastern Canada.
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