Discoveries

Stabroek Block operator ExxonMobil and its partners have made a double discovery – now a total of seven discoveries for the year 2022. The discoveries were made at the Seabob and Kiru-Kiru wells, southeast of the Liza and Payara developments. The...

Suriname’s Block 58 has churned out five discoveries in total, but operator TotalEnergies E&P Suriname B.V. is yet to make a Final Investment Decision (FID). Government officials expressed hope during the recently held Suriname Energy, Oil and Gas Conference (SEOGS) that this...

Petrobras said it found oil at the pioneer well 1-BRSA-1383A-RJS (Alto de Cabo Frio Central Noroeste) in the pre-salt of the southern part of the Campos Basin. The well is 230 kilometers (km) from the city of Rio de Janeiro-RJ, in...

APA corporation, an affiliate of Apache Corporation, said it encountered water-bearing reservoirs at Rasper well in the northwestern area of Suriname’s Block 53. “The well encountered water bearing reservoirs in the Campanian and Santonian intervals, evaluation of the open hole well...

ExxonMobil has entered the new year with huge success off the coast of Guyana, delivering five discoveries from five attempts at hitting commercial crude in the block that keeps on giving. The company also increased its recoverable resource estimate...

With three new discoveries announced by oil major ExxonMobil in Guyana’s prolific Stabroek Block, Minister of Natural Resources Vickram Bharrat sees a thriving future for generations ahead. Subsequently, after Exxon’s announcement, Bharrat shared that the new discoveries add to “Guyana’s growing legacy”...

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...

Brazilian state-run oil company Petrobras recently announced the discovery of a new accumulation of oil in the pre-salt of the southern part of the Campos Basin in a pioneer well in the Alto de Cabo Frio Central block. The Well 1-BRSA-1383A-RJS (Alto de Cabo...

Norway based energy research and business intelligence company Rystad Energy says global oil and gas discoveries are on track to hit their lowest full-year level in 75 years should the remainder of December fail to yield any significant finds. As...

Experts in the oil and gas industry believe that more oil could be discovered closer to Guyana’s shoreline in the coming years with one official saying that the hydrocarbon resources found at the Stabroek block so far is just...