Remove Economy Remove Guyana Remove Oil Remove Water
article thumbnail

ExxonMobil discovery at Uaru-2 offshore Guyana; block recoverable resource estimate upped to 9B barrels oil-equivalent

Green Car Congress

ExxonMobil announced an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana ( earlier post ). Uaru-2 will add to the previously announced gross discovered recoverable resource estimate for the block, which is currently estimated to be approximately 9 billion oil-equivalent barrels. Hess Guyana Exploration Ltd.

Guyana 243
article thumbnail

ExxonMobil makes two more discoveries offshore Guyana

Green Car Congress

ExxonMobil made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana. These discoveries will add to the previously announced recoverable resource estimate for the block, of 10 billion oil-equivalent barrels. These new projects continue to drive investment in Guyana’s growing economy.

Guyana 210
article thumbnail

ExxonMobil increases Stabroek resource estimate to approximately 10 billion barrels

Green Car Congress

ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana ( earlier post ) to approximately 10 billion oil-equivalent barrels. miles (6 kilometers) east of Turbot-1 and was drilled in 5,928 feet (1,807 meters) of water by the Noble Tom Madden. Hess Guyana Exploration Ltd.

Guyana 243