Behind Oil Profits: A Look At ExxonMobil's Technology Alignment

By CIOinsight  |  Posted 05-02-2006
Rocketing oil prices are driving the nation's big oil companies to record profits, but even among this powerful group, one stands out: ExxonMobil.

No company seems clearer about itself and its mission. Exxon uses its financial might to invest heavily in applications that give it an edge in finding increasingly harder-to-reach oil and gas deposits.

At the same time, it also ensures its technology is tightly aligned with its two primary goals: finding more oil and gas, and generating more profits from operations.

Here's the story of how this well-oiled machine consistently outperforms its peers.

Story Guide:
Straight shooter: CEO Rex Tillerson Doesn't Play Games
  • Big Oil's Big Challenge
  • R&D Like Launching a 'Moon Shot' Every Decade
  • Exxon's Balanced Methodology
  • Virtual Drilling: Exxon's Technology Edge
  • Business Intelligence Guides Exploitation of Oil Resources
  • Oil in the DNA: The Exxon Culture
  • ExxonMobil Base Case
  • The Technology of Oil Exploration

    Context:
  • How Big Oil Uses XML
  • Roadblock: Getting Oil Business Managers on Board
  • Gotcha: Don't Let Grid Computing Trip You
  • Vendor Profile: A Look at IBM's Supercomputers and the Oil Business