Exploration

The Guyana-Suriname basin has overtaken Brazil’s pre-salt play as South America’s leading exploration hotspot, says Rystad Energy, an independent energy research and business intelligence company based in Norway. This latest feat, it said, can be credited mostly to ExxonMobil’s basin-opening...

The Fangtooth discovery which was announced by ExxonMobil back in January 2022 holds enough oil deposits to underpin its own floating, production, storage and offloading (FPSO) vessel. This was disclosed by Hess Corporation which has a 30% working interest...

Not long after the Irfaan Ali administration assumed office in 2020, CGX Energy was granted an extension to its deadline to drill a well on the Corentyne block offshore Guyana. While it looks like CGX may need another extension – this...

Repsol, operator of the Kanuku Block offshore Guyana, is preparing to undertake drilling operations at the Beebei-1 prospect. OilNOW understands the well will be spudded around May 25. Repsol has a 37.5 stake in the Kanuku Block. The other partners...

ExxonMobil’s search for more crude is moving forward offshore Guyana, with campaigns ongoing at new prospects at the 6.6 million acres Stabroek Block. The company is continuing exploration drilling operations at Seabob-1 and Kiru Kiru-1 utilising the Stena Carron and...

Following their receipt of integrated results for the Kawa-1 well, Canadian joint venture partners, CGX Energy Inc. and Frontera Energy Corporation announced on Monday that the “finder well” successfully unlocked light oil and gas condensate at the Corentyne Block. Gabriel...

Guyana has made its mark in the global oil and gas industry with an estimated proven recoverable resource of nearly 11 billion oil-equivalent barrels in the ExxonMobil-operated Stabroek Block. “That figure accounts for more than 10% of all the conventional...

Appraisal drilling is underway at the Tripletail-2 well in Stabroek Block, as oil major ExxonMobil continues to assess discoveries and expands operations offshore Guyana. According to the Maritime Administration Department (MARAD), the Stena Carron will be used for the campaign....

Hess Corporation’s Chief Operating Officer (COO) Greg Hill recently disclosed that upcoming wells in the second quarter for the Stabroek Block will include Sea-bob, targeting the Campanian reservoirs, located 10 miles south of the Yellowtail field. Kiru-Kiru is also...

Guyana’s prolific Stabroek Block holds an estimated 11 billion barrels of oil equivalent with only a fraction of the 6.6 million acres (26,800 square kilometers) explored by operator ExxonMobil and its partners Hess and CNOOC so far. More exploration activities are on the...