ExxonMobil Upstream
ExxonMobil Upstream produces oil, natural gas, and LNG across unconventional, conventional, deepwater, and heavy oil basins.
ExxonMobil Upstream produces oil, natural gas, and LNG across unconventional, conventional, deepwater, and heavy oil basins.
ExxonMobil Upstream supplies crude oil, natural gas and LNG to global energy markets through five distinct businesses: Unconventional (Permian, Bakken, Appalachia), Conventional (operations in nearly 20 countries), Deepwater (Guyana, Angola, Eastern Mediterranean), Heavy Oil (Canadian oil sands via Imperial Oil), and LNG and natural gas.
The business targets energy buyers, midstream partners, host governments, and industrial offtakers, and serves as the primary source of upstream cash flow for ExxonMobil's integrated downstream and chemicals operations.
ExxonMobil Upstream operates across five distinct businesses. Unconventional develops Permian (Midland and Delaware basins), Bakken, and Appalachian shale assets following the Pioneer Natural Resources acquisition. Conventional spans approximately 20 countries including the U.S., Argentina, Equatorial Guinea, Indonesia, and Iraq.
Deepwater includes Guyana Stabroek Block operations, Angola Block 15 and 17, and Eastern Mediterranean. Heavy Oil produces Canadian oil sands via Imperial Oil Kearl and Cold Lake operations.
| Attribute | ExxonMobil Upstream | Shell Upstream | |
|---|---|---|---|
| Provider |  ExxonMobilcorporate.exxonmobil.com$0 raised · Public |  Shell$750M raised · Public | |
| Founded | 1999 | 1907 | |
| Sells To | Consumers, Enterprise | Consumers, Enterprise | |
| Pricing Model | Product Sales, Transactional | Transactional | |
| Ownership | Public | Public |
Provider ExxonMobilcorporate.exxonmobil.com$0 raised · Public
Founded 1999
Sells To Consumers, Enterprise
Pricing Model Product Sales, Transactional
Ownership Public
Provider Shell$750M raised · Public
Founded 1907
Sells To Consumers, Enterprise
Pricing Model Transactional
Ownership Public
