ExxonMobil Consortium Completes Drilling on Guarani in BM-S-22

Hess announced that the Guarani appraisal well on the BM-S-22 license in the Santos Basin offshore Brazil has been completed and no discovery notice was filed. Hess' share of the well cost will be expensed in the second quarter.

The next step is to analyze the significant amount of seismic, log and core data gathered to plan the location of a third well to help further evaluate the BM-S-22 license.

Hess holds a 40 percent interest in the license. Other participants are ExxonMobil (40 percent) and Petrobras (20 percent). ExxonMobil is operator of the license.


Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Directional Driller - South Texas
Expertise: Driller
Location: San Antonio, TX
Expertise: Floorhand / Roughneck|Roustabout
Location: Grand Junction, CO
Remote Paramedic w/ Clerking Experience
Expertise: Paramedic / Nurse|Rig File Clerk|Safety Officer
Location: GOM, TX
search for more jobs

Brent Crude Oil : $50.97/BBL 1.53%
Light Crude Oil : $48.75/BBL 1.79%
Natural Gas : $2.92/MMBtu 0.68%
Updated in last 24 hours