Exploration

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...
Exploration

Rystad Energy says ‘numerous exploration prospects’ remain at giant Stabroek Block

OilNOW -
The prolific Stabroek Block offshore Guyana, covering an area of 6.6 million acres, still has multiple exploration prospects remaining with large swathes of the ExxonMobil-operated license still unexplored. This is despite the U.S. oil major and co-venturers Hess and...
Exploration

Maersk Drilling upbeat about Guyana campaign, rig now booked for second well

OilNOW -
CGX Resources Inc., operator and joint venture partner with Frontera Energy Guyana Corp has exercised an option to drill one additional exploration well offshore Guyana. The work is expected to commence in the first half of 2022 in direct...
Exploration

Explorers betting big on Kawa-1, confident of hitting pay in major comeback

OilNOW -
Updated August 29, 2021 CGX Resources Inc. (CRI), operator of the Corentyne block offshore Guyana, believes the chance of finding hydrocarbons at the Kawa-1 prospect has increased since the company last drilled wells in the South American country back in...
Exploration

Brazil planning to expand Open Acreage program – could unlock smaller oil deposits

OilNOW -
(S&P Global Platts) Brazil plans to expand the country's Open Acreage program to include exploration and production blocks inside the subsalt polygon that requires production sharing contracts in a move that could unlock development of smaller oil and natural...
Exploration

Stabroek Block – multiple prospects and play types

OilNOW -
The Stabroek Block, located approximately 120 miles offshore Guyana, covers an area of 6.6 million acres (26,800 square kilometers). The block is equivalent in size to 1,150 Gulf of Mexico blocks and contains multiple prospects and play types representing additional...
Exploration

Platts panel talk up Guyana deepwater oil prospects

OilNOW -
Updated August 21, 2021 “So, it's like the western hemisphere's Abu Dhabi in a sense” Guyana – the biggest oil story in the last decade – remains the centre of attention in any discussion on deepwater prospects in the western hemisphere....
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ExxonMobil begins maintenance on Liza Destiny FPSO 

ExxonMobil commenced maintenance on the Liza Destiny floating, production, storage and offloading vessel (FPSO) within Guyana's Stabroek Block on...

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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