The largest US oil company leads the exploration project in the Sergipe-Alagoas basin in northeastern Brazil, with a 50% stake. Enauta and Murphy Oil Corp also operate in the asset.

ExxonMobil, the largest oil company in the US, is drilling a new area offshore Brazil that could produce 1 billion barrels of oil and gas, said its partner Murphy Oil. The announcement was made this Wednesday (23/3) by Murphy Oil, one of Exxon's partners in the block, informs Reuters. Note: ExxonMobil's press office informed the CPG portal that does not make estimates regarding its production or projects.

If the exploration is successful, it would be Exxon's first oil discovery in Brazil as an operator.

This is the first exploratory well in nine blocks that the three companies maintain together in the Sergipe-Alagoas basin. “The Cutthroat area has a potential raw resource amounting to between 500 million and 1,05 billion barrels of oil equivalent,” he said.

According to Murphy Oil CEO Roger Jenkins in a presentation to investors, Exxon's drilling in the so-called Cutthroat reserve should be completed in the coming weeks.

ExxonMobil oil discovery in Sergipe promises to generate many job openings and encourage the entire regional production chain

Start of oil exploration by ExxonMobil in Sergipe promises to bring opportunities to the state, generating jobs and promoting the entire regional production chain.

The environmental license, issued on February 17, allows ExxonMobil's well to be drilled in the ultra-deep waters of the Sergipe-Alagoas Basin. The license released by the Brazilian Institute for the Environment and Renewable Natural Resources (Ibama) authorized the American oil company to start its oil and gas exploration campaign in the area, covering up to 11 wells, valid for five years.

The wells to be explored by the giant US oil company are located in blocks SEAL-M-351, SEAL-M-428, SEAL-M-430, SEAL-M-501, SEAL-M-503 and SEAL-M-573. 

Drilling at the Cutthroat prospect is being carried out by Seadrill's West Saturn rig. The closest well to the coast will be located 67 km from the municipality of Brejo Grande, and the depth of the pioneer well should be up to 3,8 km.

Exxon leads the exploration project in the Sergipe-Alagoas basin in northeastern Brazil with a 50% stake, in partnership with Brazilian oil company Enauta with 30% and Houston-based Murphy Oil Corp with 20%.

Multinational ExxonMobil, invoices contracts in Brazil and calls for 116 vacancies in secondary, technical and higher education

116 job vacancies for those who dream of working onshore or offshore were opened by the largest oil company in the USA. Those interested in the opportunities can register the curriculum directly on the company's website, IN THIS LINK.