ExxonMobil Corp. is selling a package of operated and nonoperated properties in the Gulf of Mexico that currently produce 7 MMcf/d of natural gas and 2,900 b/d of liquids, or 4,066 boe/d, The Oil & Gas Asset Clearinghouse LLC said.
The clearinghouse, which is handling the sale, said the package includes 61 producing wells and 17 shut-in wells, as well as seven platforms in three field areas. Net monthly cash flow is estimated at $4 million.
The Mississippi Canyon 281 prospect, which ExxonMobil operates, has an estimated 100-300 million bbl. Also operated by the producer and for sale are Eugene Island 330 and Green Canyon 19/60. In addition, Eugene Island 314/315, a nonoperated block, is for sale.
Bids will be accepted for the entire package or individual blocks. The data room is to open later this month, with bids due by Dec. 21. The effective sale date is Feb. 1, 2011.
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