Exxon fails to find oil at Brazil off shore site

By Bojan Lepic Rigzone Staff

ExxonMobil has completed drilling operations on the Cutthroat prospect but failed to find any oil offshore Brazil once again.

The well, which was drilled using the Seadrill-owned ultra-deepwater drillship West Saturn, is in the Sergipe-Alagoas Basin. ExxonMobil is the operator and holds 50 percent interest there. Its partners are Enauta with 30 percent and Murphy Oil with 20 percent.