Exxon Mobil to Start Drilling 1st Liberia Well in November

Source: Reuters 10/18/2016, Location: Africa

Exxon Mobil Corp will start drilling its first exploratory well off the coast of Liberia in November, the world's largest publicly traded oil company said. "ExxonMobil Exploration and Production Liberia Limited, an affiliate of ExxonMobil, plans to drill a deepwater exploration well on the Liberia-13 Block, located about 50 miles offshore Liberia, beginning in November 2016," a spokeswoman said.

Matthew Scharf, Exxon regional public and government affairs adviser, told Reuters it was not known how much drilling would cost or how long it would take.

Liberia does not produce oil unlike its eastern neighbour, Ivory Coast, which produces about 53,000 barrels a day, and Ghana, the next country along the West African coast, which pumps about 100,000 bpd.

"This project will create jobs for Liberians and help the economy .... if they can find oil of commercial quality," said Clarence Moniba, deputy chief of staff to Liberia's president.


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Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


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