Exxon Mobil (XOM)

Norway

ExxonMobil’s net interest in licenses at year-end 2009 totaled approximately 0.7 million acres, all offshore. ExxonMobil participated in 6.6 net exploration and development well completions in 2009. Production was initiated at the Tyrihans field.

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Table of Contents

Index to Financial Statements

Norway

Licenses issued prior to 1972 were for an initial period of six years and an extension period of 40 years, with relinquishment of at least one-fourth of the original area required at the end of the sixth year and another one-fourth at the end of the ninth year. Licenses issued between 1972 and 1997 were for an initial period of up to six years (with extension of the initial period of one year at a time up to ten years after 1985), and an extension period of up to 30 years, with relinquishment of at least one-half of the original area required at the end of the initial period. Licenses issued after July 1, 1997, have an initial period of up to ten years and a normal extension period of up to 30 years or in special cases of up to 50 years, and with relinquishment of at least one-half of the original area required at the end of the initial period.

Norway

Licenses issued prior to 1972 were for an initial period of six years and an extension period of 40 years, with relinquishment of at least one-fourth of the original area required at the end of the sixth year and another one-fourth at the end of the ninth year. Licenses issued between 1972 and 1997 were for an initial period of up to six years (with extension of the initial period of one year at a time up to ten years after 1985), and an extension period of up to 30 years, with relinquishment of at least one-half of the original area required at the end of the initial period. Licenses issued after July 1, 1997, have an initial period of up to ten years and a normal extension period of up to 30 years or in special cases of up to 50 years, and with relinquishment of at least one-half of the original area required at the end of the initial period.

Norway

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Licenses issued prior to 1972 were for an initial period of six years and an extension period of 40 years, with
relinquishment of at least one-fourth of the original area required at the end of the sixth year and another one-fourth at the end of the ninth year. Licenses issued between 1972 and 1997 were for an initial period of up to six years (with extension
of the initial period of one year at a time up to ten years after 1985), and an extension period of up to 30 years, with relinquishment of at least one-half of the original area required at the end of the initial period. Licenses issued after July
1, 1997, have an initial period of up to ten years and a normal extension period of up to 30 years or in special cases of up to 50 years, and with relinquishment of at least one-half of the original area required at the end of the initial period.

Norway

ExxonMobil’s net interest in licenses at year-end 2008 totaled approximately 0.8 million acres, all offshore. ExxonMobil participated in 8.3 net exploration and development well completions in 2008. Production was initiated at Volve and construction on the Tyrihans project continued.

Norway

ExxonMobil’s net interest in licenses at year-end 2007 totaled approximately 0.8 million acres, all offshore. ExxonMobil participated in 7.1 net exploration and development well completions in 2007. The Ormen Lange and Statfjord Late Life projects and the Njord Gas Export project started up in 2007. The Volve and Tyrihans projects are in progress.

Norway

Norway

ExxonMobil’s net interest in licenses at year-end 2006 totaled approximately 0.8 million acres, all offshore. ExxonMobil participated in 9.3 net exploration and development well completions in 2006. Production was initiated at Ringhorne East in March and Fram East in October. The Ormen Lange, Statfjord Late Life, Skarv, Volve, Tyrihans and Njord Gas Export projects are in progress.

Norway

ExxonMobil’s net interest in licenses at year-end 2005 totaled approximately 1.0 million acres, all offshore. ExxonMobil participated in 7.7 net exploration and development well completions in 2005. Production was initiated at the Oseberg J field in June, the Aasgard Q field in August and the Kristin field in November 2005. The Sleipner A low pressure project and Ringhorne East, Oseberg Vestflanken, Fram East and Ormen Lange field developments are in progress.

Norway

ExxonMobil’s net interest in licenses at year-end 2004 totaled approximately 1.1 million acres, all offshore. ExxonMobil participated in 12.6 net exploration and development well completions in 2004. Production was initiated at the Ringhorne Jurassic field in March 2004, at the Vigdis East field in May 2004, and at the Sleipner West Alpha North field and the Sleipner West compression project in October 2004. New development projects at Kristin and Ormen Lange are in progress.