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MOBIL GAINS 600 PERCENT GAS PRODUCTION INCREASE; APPLYING ADVANCED TECHNOLOGY ON MATURE GULF FIELD

 FAIRFAX, Va., Oct. 28 /PRNewswire/ -- Mobil Corporation (NYSE: MOB) said today its U.S. exploration and producing unit has expanded natural gas production more than sixfold through application of advanced technologies on one of the more mature fields in the Gulf of Mexico.
 The 21-year-old East Cameron Block 286 field, 72 miles southeast of Cameron, Louisiana, is now producing about 100 million cubic feet daily (MMCFD), up from 15 MMCFD last summer and peak production of 25 MMCFD three years ago.
 The new production follows a highly successful three-well development drilling program Mobil initiated after three-dimensional seismic surveys and other advanced technologies revealed new gas targets below the lease's existing production interval.
 "Drilling results were even greater than we'd estimated from the 3-D surveys," said Charles Spruell, president and general manager of Dallas- based Mobil Exploration & Producing U.S. Inc. "The new production will add significantly to our volumes and earnings potential from that block."
 The three wells were drilled in June and July and tested at a combined 123 MMCFD. As previously reported, one well, 286 B-7, tested at a flow rate of 73 MMCFD -- the highest flow test of any Mobil natural gas well ever drilled in the Gulf of Mexico.
 Following facilities upgrading, all three new wells began full production at a combined rate of about 95 MMCFD and 600 barrels of condensate per day (BCPD). The startup brings total production from seven wells in East Cameron 286 Field to about 100 MMCFD.
 Mobil, the operator, and Chevron, each with 50 percent-interest, acquired the block in 1970. Production from the A platform began in 1973. The B platform was installed in 1990.
 In the three-well program, the B-5 well tested at 31.5 MMCFD and 64 barrels of condensate per day (BCPD) with a flow tubing pressure of 1,350 psi. The B-6 well tested at 18.5 MMCFD and 88 BCPD with a flow tubing pressure of 1,050 psi, and B-7 tested at 73 MMCFD and 525 BCPD with a flow tubing pressure of 2,313 psi. Facilities modifications included the installation of an additional flowline from the B to A platforms.
 -0- 10/28/93
 /CONTACT: John Lord of Mobil, 703-846-2500/
 (MOB)


CO: Mobil Corporation ST: Virginia IN: OIL SU:

WB -- NY058 -- 7847 10/28/93 11:21 EDT
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Publication:PR Newswire
Date:Oct 28, 1993
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