ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels. The three discoveries are southeast of the Liza and […]
ExxonMobil has made a final investment decision for the Yellowtail development offshore Guyana after receiving government and regulatory approvals. The company’s fourth, and largest, project in the Stabroek Block is expected to produce approximately 250,000 […]
ExxonMobil reports it started production at Guyana’s second offshore oil development on the Stabroek Block, Liza Phase 2, bringing total production capacity to more than 340,000 barrels per day in only 7 years since the […]
ExxonMobil and Hess Corporation have announced two significant discoveries at the Fangtooth-1 and Lau Lau-1 wells on the Stabroek Block offshore Guyana. These discoveries will add to the block’s previously announced gross discovered recoverable resource […]
Hess Corporation has announced an increase in the gross discovered recoverable resource estimate for the Stabroek Block offshore Guyana to approximately 10 billion barrels of oil equivalent, up from the previous estimate of more than […]
ExxonMobil reports it has made a discovery at Pinktail in the Stabroek Block offshore Guyana. The Pinktail well encountered 67 metres of net pay in high quality hydrocarbon bearing sandstone reservoirs. In addition to successful […]
ExxonMobil reports it has made a discovery at Whiptail in the Stabroek Block offshore Guyana. The Whiptail-1 well encountered 75 metres of net pay in high-quality oil-bearing sandstone reservoirs. Drilling is also ongoing at the […]
ExxonMobil reports it has made a discovery at Longtail-3 in the Stabroek Block offshore Guyana. Drilling at Longtail-3 encountered 70 metres of net pay, including newly identified, high quality hydrocarbon bearing reservoirs below the original […]
ExxonMobil has reported an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana. Uaru-2 will add to the previously announced gross discovered recoverable resource estimate for the block, which is currently estimated […]
ExxonMobil has made its final investment decision to proceed with the Payara field offshore development in Guyana after receiving government approvals. Payara is the third project in the Stabroek Block and is expected to produce […]
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