XOM reported that additions to its proved reserves in 2010 totaled 3.5 billion oil-equivalent barrels, replacing 209 percent of production. Excluding the impact of asset sales, reserves additions replaced 211 percent of production.For newbies, XOM produces three (3) percent of the world's total oil output. Yup, for all the talk about how big XOM is, it only accounts for three percent of the world's total oil output.
When ranked by oil and gas reserves, XOM is 14th in the world with less than 1% of the total.
