Exxon Mobil Exploration starts 2010 with the announcement that they are going to begin the exploration of a second well.
This comes after they announced that they discovered hydrocarbons (indicator to the possible presence of oil) in their Dabakan-1 well early December 2009. The second prospect well scheduled for drilling will be called Banduria-1 and is projected to have the same depth as the Dabakan-1 well.
The semi-submersible drilling rig West Aquarius is already being prepared for transfer from their Dabakan-1 site to the new site. The Dabakan-1 well meanwhile will be covered up with cement.
ExxonMobil Exploration has a 50% stake in SC-56 (that covers the well) with the other half belonging to Mitra Energy and BHP Billiton Petroleum (International Exploration).
[source]
Category: Oil, Oil Price
