ExxonMobil makes oil discovery offshore Nigeria

ExxonMobil Corp.’s Owowo-3 well has encountered a 460-ft column of oil-bearing sandstone offshore Nigeria. Combined with the operator’s Owowo-2 discovery, which encountered 515 ft of reservoir, the field could contain 500 million bbl to 1 billion bbl of oil, ExxonMobil said.

ExxonMobil affiliate Esso Exploration & Production Nigeria Ltd. spudded the Owowo-3 on Sep. 23 and drilled to 10,410 ft in 1,890 ft of water. Owowo field spans portions of the contract areas of oil prospecting license 223 (OPL 223) and oil mining license 139 (OML 139).

ExxonMobil holds 27% interest and is operator for OPL 223 and OML 139. Joint venture partners include Chevron Nigeria Deepwater Ltd. 27%, Total E&P Nigeria Ltd. 18%, Nexen Petroleum Deepwater Nigeria Ltd. 18%, and Nigeria Petroleum Development Co. Ltd. 10%.

Contact Tayvis Dunnahoe at tayvisd@ogjonline.com.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...