Exxon kicks off Cepu drilling

摘要

ExxonMobil has started appraisal drilling in the Banyu Urip field in the huge but much-delayed Cepu development project in Java, Indonesia.The drilling is expected to take five to six months to complete. The Banyu Urip project is expected to recover more than 250m bbl of oil and has a target production rate of 165,000 b/d.