Drill Here, Drill Now

ExxonMobil Production Company announced today that it has successfully drilled and cased PTU-15, the first development well for the Point Thomson project on Alaska's North Slope. ...

ExxonMobil drilled the well to a measured depth of over 16,000 feet. The shore-based rig directionally drilled under the Beaufort Sea to the targeted gas reservoir more than 1.5 miles offshore. ...

The Point Thomson project, located approximately 60 miles east of Prudhoe Bay, is scheduled to commence production in 2014.

By way of Sarah Palin's Notes.