ExxonMobil makes oil discovery offshore Equatorial Guinea

Dec. 11, 2017
ExxonMobil Corp. is now assessing potential commerciality at its Avestruz-1 well on Block EG-06 160 km offshore Malabo, Equatorial Guinea. The operator drilled the oil discovery in October but has not released any production data.

ExxonMobil Corp. is now assessing potential commerciality at its Avestruz-1 well on Block EG-06 160 km offshore Malabo, Equatorial Guinea. The operator drilled the oil discovery in October but has not released any production data.

Block EG-06 is next to the legacy oil-producing Block B and EG-11, ExxonMobil’s most recent acquisition in the region (OGJ Online, June 5, 2017).

Avestruz-1 is adjacent to ExxonMobil’s Zafiro field in Equatorial Guinea’s northern maritime area. Zafiro has produced more than 1 billion bbl of oil since 1996. In May, ExxonMobil subsidiary Mobil Equatorial Guinea Inc. let a 5-year contract to GEPsing to continue operation and maintenance of the Serpentina floating production, storage, and offloading vessel on Zafiro field (OGJ Online, May 12, 2017).

Contact Tayvis Dunnahoe at [email protected].