Remove Design Remove Guyana Remove Oil Remove Water
article thumbnail

ExxonMobil begins oil production in offshore Guyana; estimated ~6B barrels oil equivalent recoverable in Stabroek Block

Green Car Congress

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.

Guyana 221
article thumbnail

ExxonMobil discovers more oil offshore Guyana at Mako-1 well on the Stabroek Block

Green Car Congress

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. Mako-1 encountered approximately 164 feet (50 meters) of a high-quality oil bearing sandstone reservoir. Hess Guyana Exploration Ltd. Earlier post.). Earlier post.).

Guyana 221
article thumbnail

ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Green Car Congress

ExxonMobil Corporation announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015. billion recoverable oil-equivalent barrels. Despite much naysaying and attacks against this process, I am confident that Guyana is on the right path.

Guyana 150
article thumbnail

ExxonMobil starts production at Guyana’s second offshore development

Green Car Congress

ExxonMobil has 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 seven years since the country’s first discovery. Liza Unity on her way to Guyana. The Liza Unity arrived in Guyana in October 2021.

Guyana 259
article thumbnail

ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

article thumbnail

ExxonMobil greenlights Liza development in offshore Guyana; $4.4B Phase 1 investment

Green Car Congress

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. billion oil-equivalent barrels, which includes Liza and other successful exploration wells on Liza Deep, Payara and Snoek. Hess Guyana Exploration Ltd.

Guyana 150