Exploration

Exploration

Investment in technology delivering big results for Exxon in Guyana – Woods

OilNOW -
The application of technology across a broad spectrum of its operations in Guyana has enabled ExxonMobil to deliver significant discoveries at an unprecedented rate since the company hit the first jackpot at Liza-1 just under seven years ago. This...
Exploration

Exxon targeting hydrocarbons at multiple wells – Lukanani-1 to come under drill bit

OilNOW -
In keeping with the Guyana government’s stated position of accelerating exploration and production activities offshore, ExxonMobil is forging ahead with its 2022 work plan, targeting multiple wells at the prolific Stabroek Block where it has already found more than...
Exploration

Guyana working on gas strategy; Ghana to provide assistance – Vice President Jagdeo

OilNOW -
The Guyana government appears ready to take more bold but cautious steps in the hydrocarbon arena as it is focusing some of its energy on creating a gas strategy with the assistance of its West African counterpart, Ghana. Confirming this...
Exploration

Keeping Guyana at the forefront of deepwater development, ExxonMobil gears up for fifth project

OilNOW -
To ExxonMobil Guyana President Allister Routledge, the country is at the “forefront of deepwater development” in the world and the U.S. oil major intends to help it keep that lead as it gears up for the fifth oil development...
Exploration

Guyana’s oil story not confined to deepwater, explorers looking inland – Bharrat

OilNOW -
The flurry of activity in Guyana’s prolific Stabroek Block and more recently, the Corentyne Block has sparked renewed interest in the onshore Takatu Basin, Minister of Natural Resources Vickram Bharrat disclosed on Wednesday. Explorers have had an interest in Guyana’s...
Exploration

Kawa-1 elevates hope for shelf explorers in Guyana basin – Wood Mackenzie

OilNOW -
The recent announcement by CGX Energy Inc. and Frontera Energy Corporation of a discovery at the Kawa-1 well in the Corentyne Block elevates hope for shelf explorers in the Guyana basin says leading UK consultancy group, Wood Mackenzie. In an...
Exploration

Suriname lining up with Guyana to advance deepwater development this year

OilNOW -
Suriname lies down-dip of the prolific reservoirs in neighbouring Guyana. The country has seen a gradual build-up of exploration activity since ExxonMobil’s first discovery across the border at Liza-1 in 2015. Majors such as Shell, ExxonMobil and TotalEnergies have farmed...
Exploration

CGX delivers historic discovery after more than 2 decades on the hunt

OilNOW -
After more than 20 years of seismic data acquisition and drilling, CGX Energy Inc. has finally landed its first oil discovery in Guyana at the Kawa-1 well on the Corentyne Block which appears to rival some of the notable...
Exploration

Exxon delivered big results in Guyana last year as discoveries plummeted globally

OilNOW -
Oil and Gas explorers around the world had high hopes pinned on 2021 as pandemic restrictions eased and wildcat wells deferred from the year before were given the green light. But according to Rystad Energy, despite an impetus from...
Exploration

Exxon looking to hit pay at Patwa-1

OilNOW -
Patwa-1 is the latest prospect to be targeted by ExxonMobil at the Stabroek Block offshore Guyana where over 10 billion barrels of oil equivalent resources have already been found. OilNOW understands the Noble Sam Croft will be engaged in drilling...
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Ruling issued on Gas-to-Energy project dispute

A ruling has been issued in the dispute between the Government of Guyana and Gas-to-Energy contractor, Lindsayca/CH4. The matter...

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