Sunday, September 24, 2023

Fangtooth appraisal program in high gear offshore Guyana

Must Read

OilNOW
OilNOW
OilNOW is an online-based Information and Resource Centre
- ADVERTISEMENT -

ExxonMobil is moving to appraise the two discoveries it made earlier this year, Lancetfish-1 and Fangtooth SE-1. Guyana’s Maritime Administration Department announced the drilling activities in notices.

The Stena Carron drillship will be utilised to drill Fangtooth SE-1 starting in August, with operations going up to late October. As for Lancetfish-2, the Stena Drillmax will undertake that campaign in August. 

Exxon had first announced a discovery of 200 feet of oil-bearing sandstone reservoirs at Fangtooth SE-1 in January, an extension of the Fangtooth-1 discovery of 2022. Fangtooth may very well be the seventh Stabroek Block development, after Whiptail

Map shows location of Fangtooth SE-1 well offshore Guyana

Lancetfish, where a discovery was announced in April, is in close proximity to Fangtooth, and could also be a Fangtooth project tieback.

Map shows location of Lancetfish-2 well offshore Guyana

The two discoveries already made this year were estimated to hold 600 million barrels of oil equivalent by Rystad Energy.

More than 11 billion oil-equivalent barrels have already been discovered at the Stabroek Block.

ExxonMobil is the operator of the Stabroek Block, with a 45% stake. Hess (30%) and CNOOC (25%) are its partners. 

- Advertisement -
spot_img

Latest News

Over 900+ oil blocks in Brazil up for auction in December

Brazil’s National Petroleum Agency (ANP) has announced the upcoming offshore Brazil bid round dates. As per the proposed schedule,...

More Articles Like This