Exploration

Exploration

Exxon targeting 12-well bonanza at Kaieteur Block

OilNOW -
ExxonMobil recently submitted an application for environmental authorization to the Environmental Protection Agency (EPA) to proceed with a 12 well exploration campaign on the Kaieteur Block, Offshore Guyana. The company has already applied to the EPA for authorisation to...
Exploration

CGX says Kawa-1 results so far consistent with expectations

OilNOW -
CGX Energy Inc. said on Friday that well results so far from Kawa-1 are consistent with pre-drill expectations, signaling potential positive results from its first campaign offshore Guyana in over 9 years. “The well results thus far are consistent with...
Exploration

Touchstone makes major discovery in Trinidad at deepest exploration well to date

OilNOW -
Touchstone Exploration Inc. announced on Friday that it has completed drilling the Royston-1 exploration well and is pleased to announce that the well encountered substantial hydrocarbon accumulations based on drilling and wireline log data. Royston-1 was drilled to a total...
Exploration

Head of Guyanese energy chamber says Exxon moving in right direction on local content

OilNOW -
President of the Guyana Oil and Gas Energy Chamber (GOGEC), Manniram Prashad, said on Monday the organisation welcomes the comments made by President of ExxonMobil Guyana, Alistair Routledge, that by next year the company is moving almost all its...
Exploration

Tullow looking to bring in partners, reduce capital exposure in Guyana

OilNOW -
UK-based Tullow Oil said last week that strong operational performance in the first half of the year and transformational debt refinancing have put the company on a firm footing to deliver its business plan, even as it looks to...
Exploration

More than 600,000 wells to be drilled globally between 2021 and 2030 – Rystad Energy

OilNOW -
Global drilling activity is poised to bounce back from a tough 2020 with close to 58,000 wells lined up for this year and over 600,000 expected to be drilled by 2030, according to Norway-based energy research and business intelligence...
Exploration

Accelerate-Her weekend bootcamp building capacity of Guyanese women entrepreneurs

OilNOW -
The first batch of Guyanese women entrepreneurs participated over the weekend in a bootcamp organised by the Centre for Local Business Development under its Accelerate-Her programme. This programme is funded by ExxonMobil Guyana and Stabroek Block co-venturers Hess and...
Exploration

Guyana welcomes new oil discovery, expects total volumes to increase

OilNOW -
Guyana’s Ministry of Natural Resources said Thursday it is pleased with the announcement of the country’s latest oil discovery by ExxonMobil affiliate Esso Exploration and Production Guyana (EEPGL) and partners at Pinktail Offshore Guyana, within the Stabroek Block. The ministry...
Exploration

Exxon delivers another major oil discovery offshore Guyana

OilNOW -
It’s the block that keeps giving. U.S. oil major ExxonMobil announced on Thursday another oil discovery on the Stabroek Block offshore Guyana at Pinktail. The Pinktail well encountered 220 feet (67 meters) of net pay in high-quality oil-bearing sandstone reservoir....
Exploration

Exxon targeting 2022 start-up for major 12-well campaign at Canje Block

OilNOW -
ExxonMobil affiliate Esso Exploration and Production Guyana Ltd. (EEPGL) has submitted a Project Summary to the Environmental Protection Agency (EPA) in Guyana for its 12-well exploration and appraisal campaign on the 26,806 km2 Canje Block. Pending approval, drilling operations...
1...192021...55Page 20 of 55

Latest News

NewsOilNOW -

SBM Offshore expects US$1.9 billion in earnings this year, driven by Guyana FPSO sales

SBM Offshore has updated its 2024 earnings guidance to US$1.9 billion, representing a 46% increase from the previous US$1.3...

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.

Quick Access

Company Info

Social Networks