ExxonMobil Makes Deepwater Discovery Offshore Nigeria



ExxonMobil's subsidiary, Esso Exploration and Production Nigeria Deepwater West, Ltd. (Esso), has drilled an oil discovery in Oil Prospecting License (OPL) 214, approximately 70 miles (113 kilometers) offshore Nigeria.

The Uge-1 discovery well was drilled in 4,144 feet (1,263 meters) of water to a total depth of 16,831 feet (5,130 meters) and encountered more than 300 net feet (100 meters) of oil. The Uge structure is located approximately 90 miles (145 km) south-southeast of the Erha deepwater development. Studies and data analyses are under way to fully evaluate the discovery and development options for Uge. Transocean's drillship, Deepwater Pathfinder, drilled the well. ExxonMobil is a leader in the discovery and development of deepwater hydrocarbon resources in West Africa, where it has interests in 17 blocks totaling more than 10 million gross acres. The company has a leading position in nearly all the major exploration and production areas in the world and the industry's strongest portfolio of proprietary geoscience and engineering technology.

RELATED COMPANIES
Company: Exxon Mobil Corporation more info
Operates 13 Offshore Rigs
 - ExxonMobil Says Julia, Hadrian South Operations Back To Normal After Nate (Oct 10)
 - Iraq's Talks with Exxon on Southern Oilfields in Final Stages-Minister (Oct 09)
 - U.S. Gulf Oil Producers Start Evacuating Staff Ahead of Tropical Storm Nate (Oct 05)
Company: ConocoPhillips more info
Operates 12 Offshore Rigs
 - Most US Gulf Oil Output Offline Ahead of Tropical Storm Nate (Oct 06)
 - U.S. Gulf Oil Producers Start Evacuating Staff Ahead of Tropical Storm Nate (Oct 05)
 - For ConocoPhillips, Harvey A Test Of Remote Operations (Sep 07)
Company: Chevron Corporation more info
 - Canada's Keyera Signs Pact With Chevron To Transport, Store NGL (Oct 10)
 - Chevron Starts LNG Output at Australia's Wheatstone (Oct 09)
 - Petrofac Extends North Sea Contract with Chevron (Oct 05)
Company: Transocean Ltd. more info
Manages 46 Offshore Rigs
 - Transocean To Buy Norwegian Rig Firm Songa Offshore For $1.1B (Aug 15)
 - Borr Drilling Signs Deal With Transocean to Buy 15 Rigs (Mar 20)
 - Newcomer Borr Scoops Up Transocean Rigs For $1.4B As Dealmaking Heats Up (Mar 20)
Company: Occidental Petroleum more info
Operates 1 Offshore Rigs
 - Buyers Eye Sinopec's Argentina Oil Assets in Sale Worth Up to $1B - Sources (Oct 09)
 - Occidental Petroleum's Profit Beats As Prices For Chemicals Jump (Aug 02)
 - Hess To Sell Permian EOR Assets To Occidental For $600 Million (Jun 19)
Company: Nigerian National Petroleum Corp. (NNPC) more info
 - Nigeria's State Oil Company Signs Deals With Chevron, Shell (Aug 03)
 - Nigeria To Continue Oil Exploration In Lake Chad Basin Despite Kidnapping (Jul 31)
 - Nigeria Says Has Rescued Oil Firm Staff Kidnapped By Suspected Boko Haram (Jul 26)
Company: Sasol Limited more info
 - Sasol Plans More Hiring for Louisiana Project (Oct 12)
 - Sasol Tempers Return Expectations for $11 Billion Project (Aug 21)
 - Natref Refinery To Reach Full Output This Weekend After Disruption (Aug 04)
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.