ExxonMobil hits ‘significant’ oil discovery offshore Nigeria

By Offshore Energy Today.. Oil giant ExxonMobil on Thursday announced a ‘significant discovery’ with a potential recoverable resource of between 500 million and 1 billion barrels of oil on the Owowo field offshore Nigeria. According to the company’s statement on Thursday, the Owowo-3 well, which was spud on September 23, encountered about 460 feet (140 meters) of oil-bearing sandstone […]

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