Green Car Congress
DECEMBER 24, 2019
ExxonMobil announced an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15 th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent barrels on the Stabroek Block. Hess Guyana Exploration Ltd.
Green Car Congress
DECEMBER 22, 2019
ExxonMobil has started oil production from the Liza field offshore Guyana ahead of schedule and less than five years after the first discovery of hydrocarbons, which is well ahead of the industry average for deepwater developments. Esso Exploration and Production Guyana Limited is operator and holds 45% interest.
Green Car Congress
JANUARY 7, 2018
ExxonMobil Corporation announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015. Commenting on the Ranger-1 discovery, Guyana Minister of Natural Resources, Raphael Trotman said that: This is a most historic discovery for Guyana. Source: ExxonMobil.
Green Car Congress
FEBRUARY 12, 2022
It adds to the more than 120,000 barrels per day of capacity at the Liza Destiny FPSO, which began production in December 2019 and is now delivering at better than design capacity. The Stabroek Block’s recoverable resource base is currently estimated at more than 10 billion oil-equivalent barrels. Liza Unity on her way to Guyana.
Green Car Congress
JUNE 17, 2017
Exxon Mobil Corporation will proceed with the first phase of development for the Liza field, one of the largest oil discoveries of the past decade, located offshore Guyana. Gross recoverable resources for the Stabroek block are now estimated at 2 billion to 2.5 The development received regulatory approval from the government of Guyana.
Green Car Congress
FEBRUARY 9, 2018
Other significant new proved reserve additions were made in Guyana, where the company funded the first phase of development last year, and in Mozambique, associated with the project funding of the Coral FLNG project in the gas-rich deepwater Area 4. Resource Base. Additional exploration drilling in Guyana is planned in 2018 on the 11.5
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