ExxonMobil makes oil discovery offshore Equatorial Guinea

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].