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MOBIL NETHERLANDS SHARES IN DUTCH EXPLORATION SUCCESS

 FAIRFAX, Va., Feb. 4 /PRNewswire/ -- Mobil Corporation's (NYSE: MOB) exploration and producing unit in the Netherlands said today that significant new reserves have been recently discovered in the Netherlands utilizing 3-D seismic technology.
 Mobil Producing Netherlands, Inc., said the use and interpretation of 3-D seismic acquired over the North Friesland concession, which extends both onshore and offshore the northern coastal region of the Netherlands, has revealed much new information and led to major discoveries in the area. Mobil has a 20 percent interest in the concession together with NAM, the Shell-Exxon joint venture, which has 40 percent, and Energie Beheer Nederland (EBN), which also has a 40 percent interest. NAM is the operator.
 The use of 3-D seismic technology produces a clearer picture of geologic formations.
 The onshore well Munnekezijl-1 drilled last year discovered estimated reserves in the range of 350 to 550 billion cubic feet of natural gas.
 Most recently, the Anjum well, drilled in the same area, encountered hydrocarbons which NAM says has the potential to contain at least 700 billion cubic feet of recoverable natural gas. The well will be tested next month.
 The use and accurate analysis of 3-D seismic improved the chances of locating these new fields in the Netherlands, Mobil said. The North Friesland concession, which includes the offshore Waddenzee area, has significant remaining potential to find large new fields with the aid of 3-D seismic.
 -0- 2/4/93
 /CONTACT: John Lord of Mobil, 703-846-2500/
 (MOB)


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

GK -- NY111 -- 3133 02/04/93 15:43 EST
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Date:Feb 4, 1993
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