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France’s Total Eyes ‘Elephant’ Oil Discovery Offshore Uruguay
Wednesday, 9th March 2016
France's Total plans to start drilling Uruguay’s first offshore well in 40 years later this month in more than 3,411 meters of water, making it the deepest exploration well by water depth on record; first oil could come as soon as 2021.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 59.91 | +0.27% |
Crude Oil (Brent) Brent | USD/bbl | 62.85 | +0.24% |
NYMEX Natural Gas | USD/MMBtu | 2.88 | +1.30% |
OPEC Basket Price | USD/bbl | 64.24 | -0.20% |
Last Modified March 3, 2021