Exploration

Exploration

Guyana oil success rooted in high risks, partnerships, and innovation – Liam Mallon

OilNOW -
In a candid discussion with Hart Energy, President of ExxonMobil Upstream Company and Vice President of Exxon Mobil Corporation, Liam Mallon, provided a detailed account of Guyana’s journey to becoming a major oil producer. Mallon outlined the inherent risks...
Exploration

Stena Carron probing Lau Lau-2 as Exxon looks to increase discovered resources

OilNOW -
ExxonMobil is advancing exploration drilling at the Lau Lau-2 well site at the Stabroek Block offshore Guyana. The drilling operation, being undertaken by the Stena Carron, will conclude on December 31, 2024. The site is located 116.73 nautical miles (216.18...
Exploration

Touchstone achieves initial production at Cascadura C well pad in Trinidad 

OilNOW -
Touchstone Exploration Inc. has achieved initial production from its Cascadura C onshore well pad during the testing phase. In a November 4 release, Touchstone said it safely commissioned the flowline connecting the Cascadura C surface location to the Cascadura natural...
Exploration

Oil story of South America’s newest producer built on 45 discoveries in just nine years 

OilNOW -
ExxonMobil’s Liza find back in 2015 unlocked a treasure trove of oil and gas discoveries in Guyana’s Stabroek Block. Now, in 2024, the number stands at 45 discoveries and Exxon aims to take this even higher.  “I believe Guyana will...
Exploration

Exxon conducting drilling operations at Redmouth

OilNOW -
ExxonMobil has commenced exploration drilling at the Redmouth-1A well in the Stabroek Block offshore Guyana. Previously, the company drilled the Redmouth-1 well in the second quarter of 2024.  The ‘A’ notation indicates that ExxonMobil has re-spud the well to relocate...
Exploration

Exxon’s gas wells take spotlight in global upstream activity for August – Rystad Energy

OilNOW -
ExxonMobil's gas exploration efforts in August were a key focus in oil and gas upstream activities, according to a recent report from Rystad Energy. The U.S. supermajor achieved success with the completion of its non-operated Sloanea-2 appraisal well on...
Exploration

A look at ExxonMobil’s largest drilling fleet operating offshore Guyana

OilNOW -
The Stabroek Block offshore Guyana hosts four highly capable Noble drillships—Sam Croft, Bob Douglas, Tom Madden, and Don Taylor—all constructed by Hyundai Heavy Industries. These vessels share the advanced Gusto P10000 design, providing high performance in ultra-deepwater environments. Each drillship...
Exploration

Driller with most rigs off Guyana’s coast gets contract extension from ExxonMobil 

OilNOW -
ExxonMobil has awarded Noble Corporation an additional 4.8 rig years of backlog under the Commercial Enabling Agreement (CEA) in Guyana, the drilling expert said on Sept. 4 in its fleet report.  This extends the contracts of four Noble drillships—Noble Tom...
Exploration

Staatsolie targeting offshore bid round every year – Managing Director 

Shikema Dey -
Suriname’s state oil company Staatsolie plans to host an auction for every year until all of its offshore acreage is under contract.  Its Managing Director, Annand Jagesar, disclosed this to OilNOW in an exclusive interview at its headquarters in Suriname’s...
Exploration

Baker Hughes achieves fastest open water work in Guyana wells team history

OilNOW -
Baker Hughes said it set a new benchmark for open water drilling in Guyana, completing a 26-inch section with “unprecedented speed and efficiency.”  The company reported a 40% increase in on-bottom rate of penetration (ROP) and a 61% reduction in...
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NewsKemol King -

CGX signals move to arbitration or sole expert to resolve “disputes” with Guyana

CGX Energy said on December 12 that it sent the Guyana government a letter activating a 60-day period to...

OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

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