Some tantalizing snippets of text from the XOM 2007 Financial and Operating Review. Ponder the magnitude of subsea equipment orders needed to satisfy these projects (for just one company, an existing customer):
Indonesia - ExxonMobil was awarded the 1-million-acre Mandar block offshore Sulewesi. Award of this deepwater block follows capture of the Surumana block in 2006. Seismic data acquisition is planned for 2008 in support of exploration drilling. ExxonMobil holds 100-percent interest in each block.
and
U.S. Gulf of Mexico - ExxonMobil was the high bidder on 13 leases in the Gulf of Mexico Central Sale 205. At year-end 2007, five blocks in the deepwater Lower Tertiary trend had been awarded to ExxonMobil.
and
Thunder Horse, a deepwater development in the central Gulf of Mexico, is progressing and is scheduled to start up in 2008.
and
ExxonMobil has interests in four ExxonMobil-operated and four co-venturer-operated deepwater exploration blocks in the Orphan Basin (ExxonMobil interest, 15 percent; Imperial Oil interest, 15 percent), a high-potential, unexplored area with arctic conditions offshore eastern Canada. The first wildcat well in the Orphan Basin was completed in April 2007, and the results are being evaluated.
and
In deepwater areas offshore Africa, ExxonMobil holds interests in 29 blocks, totaling more than 25 million gross acres. ExxonMobil participated in 17 West Africa deepwater exploration wells completed in 2007.
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