Finds boost ExxonMobil resource above 10.5 billion boe off Angola

ExxonMobil Corp., reporting its 14th deepwater oil discovery on Block 15 off Angola, said the company's resource base in Angola is now estimated to be more than 10.5 billion boe.ExxonMobil said its subsidiary Esso Exploration Angola (Block 15) Ltd. and Angola's national oil company Sociedade Nacionale de Combustiveis de Angola (Sonangol EP) made the latest discovery at the Clochas-1 well 240 miles northwest of Luanda. Click here to enlarge imageClochas-1 encountered an oil-bearing reservoir that flowed 1,764 b/d on test. It was drilled in 4,250 ft of water to 10,300 ft TD. Partner Statoil ASA said Esso estimates Clochas-1 to be capable of flowing slightly more than 5,000 b/d.Exxo...

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