ExxonMobil drills dry hole offshore Brazil

ExxonMobil Corp. drilled a dry hole at the Cutthroat-1 exploration well in Sergipe-Alagoas basin, offshore Brazil, according to a press release by partner Enauta Participações SA.

Logging and final evaluation of the well concluded without verifying hydrocarbons in the well. The partner group will continue to integrate the exploration well data into its regional subsurface interpretation efforts to better understand the exploration potential of its deepwater blocks in the basin.

Cutthroat-1 was drilled by the Seadrill West Saturn drillship in Block SEAL-M-428, nearly 90 km offshore in 3,094 m of water. It is one of multiple prospects that the partner group has mapped in the basin.

ExxonMobil is operator (50%) in nine offshore SEAL blocks spanning over 6,800 sq km. Enauta Energia holds 30% and Murphy Oil Corp. holds 20% working interest in the partnership.

Read the latest issue of the OGV Energy magazine HERE