As part of a contract signed with Russia-based Zarubezhneft, the company will soon commence to drill L-01X well with Norwegian oil rig, Songa Mercur, reported Xinhua.
Songa Mercur will replace the oil platform Scarabeo 9 and spud the well to a depth of 6,500m, the deepest in Cuba.
The drilling program is expected to take about six months to complete.
It is estimated that the exclusive economic zone at the Gulf of Mexico has about 20 billion barrels of oil reserves, however, according to the US Geologic Service; it could be about 5 billion to 9 billion barrels.
