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ExxonMobil announces significant oil discovery at Whiptail, offshore Guyana

Green Car Congress

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. Yellowtail has been identified as the fourth development project in the Stabroek Block offshore Guyana with anticipated startup in 2025.

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ExxonMobil makes two more discoveries offshore Guyana

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ExxonMobil made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana. Fangtooth was drilled by the Stena DrillMAX, and Lau Lau was drilled by the Noble Don Taylor, which are two of six drillships supporting exploration and development drilling across three blocks operated by ExxonMobil offshore Guyana.

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ExxonMobil makes three new discoveries offshore Guyana; increases Stabroek resource estimate to nearly 11B barrels

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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 Payara developments and bring to five the discoveries made by ExxonMobil in Guyana in 2022.

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ExxonMobil reports oil discovery at Pinktail, offshore Guyana

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ExxonMobil has made a discovery at Pinktail in the Stabroek Block offshore Guyana. These results will be incorporated into future developments. Separately, the Liza Unity floating production storage and offloading (FPSO) vessel set sail from Singapore to Guyana in early September. Hess Guyana Exploration Ltd.

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ExxonMobil evaluating significant near-term capital and operating expense reductions; COVID-19

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Woods the had also outlined progress on key projects that support ExxonMobil’s growth plans, including: In Guyana, the estimated gross recoverable resource from the Stabroek Block increased to more than 8 billion oil-equivalent barrels, in part as a result of six additional discoveries made in 2019 and 2020. million net acres.