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Thursday, 07/27/2006 5:35:02 AM

Thursday, July 27, 2006 5:35:02 AM

Post# of 33129
OT: Exxon drills largest dry hole in history. These things happen--even to the biggest and the best sometimes.

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OSLO, July 27 (Reuters) - ExxonMobil (XOM.N: Quote, Profile, Research) has drilled a dry exploration well at its Kogge prospect in the Norwegian sector of the North Sea, Norwegian energy authorities said on Thursday.

The well in production licence 315 was drilled to a total depth of 5,837 metres (19,150 feet).

"This is the deepest well ever drilled on the Norwegian shelf," the Norwegian Petroleum Directorate said in a statement. "The well was dry, and has now been permanently plugged and abandoned."

ExxonMobil is operator and has a 30 percent stake in the licence. Its partners are Norway's Statoil (STL.OL: Quote, Profile, Research) and Petoro and German RWE (RWEG.DE: Quote, Profile, Research).