In an article in MEES, Peter Stevenson reveals that ExxonMobil’s Electra well in block 5 was unsuccessful. It encountered gas, but not in commercial quantities.
There were high expectations that Electra could contain as much as 30tcf gas.
The drilling rig will now move to block 10 to drill the Pegasus well, with more moderate expectations .
The Electra result is hugely disappointing as so much hope was placed on
