Lukanani-2 drilling underway as Exxon deepens oil search

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ExxonMobil has commenced drilling operations at the Lukanani-2 well site in the Stabroek Block, another step in its continued exploration campaign offshore Guyana.

According to a notice from the Maritime Administration Department (MARAD), drilling commenced on June 11 and will continue until July 31. 

The Stena Carron is being utilized at the wellsite, located approximately 110.53 nautical miles (204.39 kilometers) off the Coast of Guyana and covers an area of 0.29 square nautical miles (1 square kilometer). 

Announced in April 2022, the Lukanani-1 discovery encountered approximately 115 feet (35 meters) of hydrocarbon-bearing sandstone. The well was drilled in water depths of 4,068 feet (1,240 meters). 

Exxon is the operator of the Block. 

Since starting production in 2019, ExxonMobil has ramped up output from the Liza 1, Liza 2, and Payara developments to over 650,000 barrels per day (b/d). The Yellowtail project, expected online this year, will increase production, making Guyana the world’s leading per capita oil producer

ExxonMobil, with a 45% stake in Stabroek, is pursuing additional projects like Uaru, Whiptail, and the proposed Hammerhead development. Following this, ExxonMobil will turn its attention to Longtail. ExxonMobil’s operations in the Stabroek Block are shared with partners Hess (30%) and CNOOC (25%).

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