Exxon probing target at gas field off Guyana coast  

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ExxonMobil is continuing drilling activities at the Haimara-4 wellsite, located approximately 125.4 nautical miles (232.1 kilometers) off the Coast of Guyana, covering an area of 0.29 square nautical miles (1 square kilometer). This is according to a notice from the Maritime Administration Department.

Drilling is being carried out by the Stena Carron rig and is set to conclude on October 31, 2024. 

Haimara-1, Exxon’s 12th Stabroek Block discovery, was announced in February 2019. Exxon encountered approximately 207 feet (63 meters) of high-quality, gas-condensate-bearing sandstone reservoir. This significant discovery could potentially lead to a new area for development, with possibilities for a joint project with Suriname.

The company has already undertaken drilling operations at Haimara 2 and 3.

Guyana’s focus is beginning to shift to its natural gas potential. ExxonMobil, operator of the Stabroek Block, has said it is fully aligned with the government on this objective.

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