In a year marked by steady development of existing projects, ExxonMobil Guyana made just one new discovery to its Stabroek Block pile – Bluefin-1.
The Bluefin well encountered approximately 197 feet (60 meters) of hydrocarbon-bearing sandstone and was drilled by the Stena Drillmax drillship in 4,244 feet (1,294 meters) of water. Bluefin is located approximately 8.5 kilometers southeast of the Sailfin-1 well, in the southeastern portion of the Block.
Marking the discovery, ExxonMobil Guyana President Alistair Routledge said it reinforces that the company has the “people, skills and technology to safely and responsibly deliver value to Guyana from the country’s resources.”
Bluefin added to the over 30 discoveries made in Guyana’s Stabroek Block, by Exxon, the operator. The discoveries amount to more than 11.6 billion oil-equivalent barrels. Exxon has a 45% stake, while Hess (30%) and CNOOC (25%) are its partners.
The company has three developments running in the Stabroek Block. A new one – Yellowtail – will be added come 2025.
