Block 32 discovery offshore Angola

ExxonMobil Corp. said June 3 that its subsidiary, Esso Exploration Angola (Block 32) Ltd., has participated in a deepwater oil discovery on Block 32 offshore Angola.

The discovery well, named Gindungo-1, was drilled in 4,700 feet of water, ExxonMobil said. The well flowed at 7,400 and 5,700 barrels per day from two separate zones. It is the first exploration well on Block 32, which is located approximately 102 miles offshore Angola.

Sonangol, the Angolan national oil company, is the concessionaire of the block and Esso has a 15 percent interest. The other Block 32 interest owners are Total (operator 30 percent), Marathon Oil (30 percent), Sonangol (20 percent) and Petrogal (5 percent).

Esso holds interests in six offshore deepwater blocks in Angola covering in excess of 7 million gross acres.