Cutting Interests: Esso Offers Entire Phyllis/Barbara Equity

IndigoPool reports that Esso Exploration and Production UK Ltd. is looking to sell its equity in Blocks 23/16b Upper and 23/16b Upper (Barbara extension). Esso currently holds 66.7% working interest in Block 23.16b Upper and 40% in the Barbara extension.

Containing the Phyllis and Barbara Fields, both of the gas/condensate fields hold gas-in-place estimates ranging from 221 to 403 billion cubic feet in water depths of 260 feet.

Beginning March 10, 2008, interested parties may contact Esso directly to acquire a confidentiality agreement for access to its online data room. The data room will close May 16, 2008. All offers must be made by 12 noon (GMT) that day.

We want to hear from you. Questions, opinions and suggestions are all welcomed by the Rigzone Staff. Write us at .


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Load Planner/ Dispatcher Frac Sand
Expertise: Dispatcher|Project Management
Location: Mansfield, TX
Project Engineer
Expertise: Electrical Engineering|Instrument & Controls Engineer|Project Management
Location: Deer Park, TX
Land GIS Spatial Analyst - Mineral Land
Expertise: Contracts Engineer|Geologist|Lease Analyst
Location: Denver, CO
search for more jobs

Brent Crude Oil : $48.06/BBL 2.51%
Light Crude Oil : $45.77/BBL 2.17%
Natural Gas : $2.97/MMBtu 2.30%
Updated in last 24 hours