ExxonMobil to Evaluate Offshore Mauritania Blocks
ExxonMobil Exploration and Production Mauritania Deepwater Ltd. has signed three production sharing contracts with the Mauritanian government for three deepwater blocks offshore the West African country, ExxonMobil announced Monday.
“These blocks further enhance ExxonMobil’s leading global deepwater acreage position,” Steve Greenlee, president of ExxonMobil Exploration Co., said in a written statement. “We thank the government of Mauritania for the opportunity to evaluate the potential of this acreage using our expertise and advanced technology.”
According to ExxonMobil, Blocks C22, C17 and C14 sit an average of 124 miles (200 km) offshore Mauritania. The company added that the blocks encompass a total of nearly 8.4 million acres in water depths ranging from approximately 3,300 to 11,500 feet (1,000 to more than 3,500 meters).
ExxonMobil stated that it will begin exploration activities, including seismic data acquisition and analysis, after Mauritania’s government approves the contracts. The company added that it will carry out the work program as operator with 90 percent interest; Societe Mauritanienne des Hydrocarbures et de Patrimoine Minier will hold the remaining 10-percent stake.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Operates 13 Offshore Rigs
- An Upstream Comeback with Less Splash but More Cash? (May 11)
- Guyana's Production Ramp-up Demands Compliance Changes, New Infrastructre (May 02)
- Big Oil Investors Show They Want More Than Just Profit (May 01)