Offshore Exploration Strategy
UPSTREAM BRAZIL
Leveraging deepwater and project management expertise
BRAZIL
Atlantic
Ocean
North Carcara
BRAZIL
SEAL-351
SEAL-428
SEAL-501
SEAL-430
SEAL-503
SEAL-573
Sergipe
Basin
NET ACREAGE
Million acres
3
C-M-67
C-M-37 Campos
Basin
•
C-M-210
C-M-277
C-M-753
C-M-344
C-M-657
C-M-346
Uirapuru
Titã
C-M-709
C-M-411
C-M-413
C-M-789
S-M-536
S-M-647
BM-S-8
2017 captures
Carcara
Santos Basin
2018 captures
·
0
XOM
RDS
BP
TOT
EQNR
CVX
Source: Wood Mackenzie, data as presented in 2019 Investor Day
High-quality position with >2.3 million net offshore acres.
ExxonMobil operates >70% of acreage position
Aggressive exploration schedule
Continuing to obtain 3D seismic coverage
Planning >5 exploration wells as early as 2019/20
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