Stabroek 3D/4D survey expanded as Exxon set to begin baseline study at Kaieteur

Must Read

Liza Crude could be ‘oil of choice’ as refiners seek lighter, sweeter oil

The relaxing of COVID-19 lockdown measures is resulting in more vehicles taking to the roads and this is driving...

Exxon signals second quarterly loss in a row on production, refining hits

(Reuters) - Exxon Mobil Corp’s oil and gas producing and refining businesses will report operating losses in the second...

SBM Offshore secures US$600 million bridge loan for FPSO Sepetiba

SBM Offshore on Wednesday announced the closure of a US$600 million bridge loan facility for the financing of the...
OilNOW
OilNow is an online-based Information and Resource Centre which serves to complement the work of all stakeholders in the oil and gas sector in Guyana.

A 3D/4D seismic survey currently being conducted in the southeastern portion of the Stabroek Block has been expanded to include the Payara area. The survey, which covers an area of around 1,260 square kilometers, is expected to continue until June 30 and the operation will incorporate the use of the Ramform Tethys, Thor Magni and Delta Monarch.

Meanwhile, ExxonMobil Guyana has commenced an Environmental Baseline Survey in the Kaieteur Block, which is located north of Stabroek. The survey exercise is expected to conclude on May 6 and will incorporate the use of the R/V Proteus.

The survey area is approximately 130 nautical miles offshore Guyana and covers an area of 5,800 square kilometers.

The Kaieteur Block is approximately 3.3 million acres (approximately 13,535 square kilometers) and lies in the same geological basin as the Stabroek Block, where total recoverable resources of more than 5.5 billion barrels of oil equivalent have been discovered to date.

- Advertisement -

Latest News

Liza Crude could be ‘oil of choice’ as refiners seek lighter, sweeter oil

The relaxing of COVID-19 lockdown measures is resulting in more vehicles taking to the roads and this is driving...

Exxon signals second quarterly loss in a row on production, refining hits

(Reuters) - Exxon Mobil Corp’s oil and gas producing and refining businesses will report operating losses in the second quarter, it said in a...

SBM Offshore secures US$600 million bridge loan for FPSO Sepetiba

SBM Offshore on Wednesday announced the closure of a US$600 million bridge loan facility for the financing of the construction of FPSO Sepetiba, to be...

Business Chamber bids farewell to ExxonMobil Guyana President

The Georgetown Chamber of Commerce and Industry (GCCI) on Thursday bid farewell to President of ExxonMobil Guyana, Rod Henson, who will be leaving to...

Hundreds of Guyanese businesses accessing CLBD’s online training courses

Hundreds of Guyanese businesses are benefitting from a wide range of online training courses being offered by the Centre for Local Business Development (CLBD)...

More Articles Like This