STANDARD <SRD>,MOBIL <MOB>PLAN OFFSHORE PLATFORM
Standard Oil Co said a contract has
been awarded to <CBS Engineering Inc> for a drilling and
production platform to be installed in Ewing Bank Block 826 in
the Gulf of Mexico where Standard and Mobil Corp each own a 40
pct interest.
    Standard said its Standard Oil Production Co subsidiary
will operate the platform which is being designed to produce
15,000 barrels of oil and 50 mln cubic feet of gas daily. The
platform is now expected to be installed in the summer of 1988.
Other owners are Kerr-McGee Corp <KMG> with 16.66 pct and
<Prudential Insurance Co of America> with  3.34 pct.
 Reuter
