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Multiple campaigns underway at Stabroek Block

OilNOW -
Marine traffic is set to increase in the coming weeks at the Stabroek Block offshore Guyana as exploration and development activities ramp-up and installation operations for the Liza Phase 1 Development project gets underway. ExxonMobil affiliate Esso Exploration and Production...
Exploration

Tilapia encountered “highest net pay count” to date on Stabroek Block

OilNOW -
The two most recent discoveries on Guyana’s prolific Stabroek Block is particularly significant since one represents the highest net pay count found to date and the other the first gas discovery announced by the ExxonMobil-led consortium of Hess and...
News

Venezuela claim on Guyana territory cuts Stabroek Block…’entirely’ – Greenidge

OilNOW -
More than five billion barrels of oil have been discovered to date off the Guyana coast in an area called the Stabroek Block which is internationally recognized to be part of the South American country’s Exclusive Economic Zone (EEZ)....
News

CARICOM pledges “full support” for Guyana after Venezuela navy intercepts ExxonMobil survey vessel in Stabroek Block

OilNOW -
The Caribbean Community (CARICOM) on Monday evening said it views with grave concern the “reported interception by the Venezuelan navy on Saturday, 22 December 2018 of a seismic research vessel flagged by the Government of the Commonwealth of The...
News

New exploration on western portion of Stabroek Block significant – ASP

OilNOW -
US oil major ExxonMobil’s move to undertake a new 3-D seismic survey covering 12,000 square kilometers on the western portion of the Stabroek Block could be viewed as Guyana and the oil company “building a case for showing their...
News

Stabroek Block explorers have a lot riding on Guyana

OilNOW -
The expectations from the giant oil discoveries in Guyana continue to take centre-stage in the growth plans and projections of venture partners ExxonMobil, Hess and CNOOC. With a record 10 discoveries to date amounting to more than 5 billion barrels...
News

Stabroek Block reserves could power over 16,000 rocket trips to the moon – Energy Factor

OilNOW -
The oil reserves discovered in the 6.6 million acres Stabroek Block located 120 miles of the Guyana coast will help to supply the world’s growing energy needs. The magnitude of the discoveries made so far by US oil major...
News

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

OilNOW -
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 Guyana is the ‘thickest single sand package’ drilled on the Stabroek Block, according to President...
News

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

OilNOW -
ExxonMobil Guyana is eagerly awaiting the arrival of its third drillship; the Noble Tom Madden, which will begin searching for oil at the Pluma prospect in the south portion of the Stabroek Block by the end of October. The company’s...
News

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

OilNOW -
The unprecedented number of oil discoveries being made off the coast of Guyana by US oil major ExxonMobil in partnership with Hess and CNOOC are revealing mega reserves that will become a major focal point for the Stabroek Block...
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Latest News

NewsShikema Dey -

Venezuela risks more sanctions if unlawful election is held in Essequibo this May – Greenidge 

Venezuela risks triggering even more international sanctions if it proceeds with its unlawful elections in Guyana’s Essequibo region. The...

OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

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