MOBIL SLATES 429 WELLS IN CALIFORNIA

Mobil Exploration & Producing U.S. Inc. has begun a drilling program that calls for 429 wells this year in four giant heavy oil fields in California. With six drilling rigs under contract and a seventh to join soon, Mobil is the most active operator in the state, where other major petroleum companies have slashed upstream programs in favor of non-U.S. investments. The wells are planned for Midway-Sunset, South Belridge, and Lost Hills fields in the San Joaquin Valley and San Ardo field in the

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