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ExxonMobil announces significant oil discovery at Whiptail, offshore Guyana

Green Car Congress

JULY 29, 2021

ExxonMobil said it made a discovery at Whiptail in the Stabroek Block offshore Guyana. Drilling continues at both wells to test deeper targets, and results will be evaluated for future development. The Liza Destiny floating production storage and offloading (FPSO) vessel is currently producing about 120,000 barrels of oil per day.

Guyana 243
Guyana Oil Singapore Miles 243
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ExxonMobil evaluating significant near-term capital and operating expense reductions; COVID-19

Green Car Congress

MARCH 17, 2020

For 2020, the company anticipated an investment level of up to $33 billion, depending on the progress of individual projects. ExxonMobil and its partners started production of oil at the Liza field in December 2019, less than five years after the first discovery of hydrocarbons and years ahead of industry average. million net acres.

Papua New Guinea 186
Papua New Guinea Guyana Guinea Mozambique 186
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