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Hammerhead is ‘thickest single sand package’ drilled on Stabroek Block – Hess

The Hammerhead-1 well, where approximately 197 feet (60 meters) of high-quality, oil-bearing sandstone reservoir was encountered by the Stena Carron drillship in August offshore...

Noble Tom Madden will deploy to south portion of Stabroek Block for Pluma drill...

ExxonMobil Guyana is eagerly awaiting the arrival of its third drillship; the Noble Tom Madden, which will begin searching for oil at the Pluma...

‘Enormous’ Stabroek Block fueling explorers’ growth plans – Wood Mack

The unprecedented number of oil discoveries being made off the coast of Guyana by US oil major ExxonMobil in partnership with Hess and CNOOC...

Updated resource estimate for Stabroek Block still being assessed – Brasington

Exxonmobil Guyana says assessments are still ongoing to determine what the updated total estimated recoverable reserves in the 6.6 million acres Stabroek Block now...

Sorubim does not condemn prospect opportunities in Stabroek Block – Exxon VP

Responding to a question during its quarterly earnings conference call on Friday, Exxon Mobil Corporation’s Vice President of Investor Relations and Secretary, Jeffrey Woodbury,...

‘Fisheries Exclusion Zone less than 1% of the Stabroek Block’ – ExxonMobil

ExxonMobil is rejecting the assertion that its Liza Phase 1 operations will negatively impact in a significant manner Guyana’s fishing industry; a view posited...

Ranger-1 gives ExxonMobil new insight into Stabroek Block potential

ExxonMobil’s recent oil discovery at the Ranger-1 reservoir offshore Guyana is particularly significant because it demonstrates that potentially significant commercial quantities of crude is...

2018 E&P Budget: Hess allocates hundreds of millions for exploration, development in Stabroek Block;...

Hess Corporation (NYSE:HES) today announced its 2018 E&P capital and exploratory budget will be $2.1 billion, the same as 2017. The 2018 budget allocates increased capital...

Stabroek Block: Exploration Highlights

ExxonMobil initiated oil and gas exploration activities in Guyana in 2008, collecting and evaluating 3-D seismic data that led to the company safely drilling its...

Hess sees Guyana as “growth engine”, sets aside billions to prefund oil development in...

In a presentation at the Bank of America Merrill Lynch 2017 Global Energy Conference on Thursday, Hess Corporation (NYSE:HES) Chief Executive Officer John Hess, disclosed a number of steps the...