Fresh off a new discovery announced just last week, U.S. oil major ExxonMobil is now moving to Whiptail, another prospect on the 6.6 million acres Stabroek Block where over 9 billion barrels of oil equivalent have been found since...
By Terrence R. Blackman, Ph.D. – OilNOW
In her essay, The Trouble with Tribes, Susan Fowler invites us to focus on the red dot in the center of the blue circle above. Within thirty (30) seconds, we experience the Troxler...
Norway consultancy group Rystad Energy says new discovered volumes – a measurement of a company’s exploration performance – illustrates the daunting challenge faced by oil majors to maintain their reserves base and supply existing customers.
The U.S oil major’s proven...
ExxonMobil’s 5th development offshore Guyana could be targeting wells in an area east of the Liza complex where quality reservoirs have been confirmed, the oil major said on Wednesday.
“The Mako-2 evaluation well confirmed the quality, thickness and areal extent...
ExxonMobil today said it made a discovery at Longtail-3 in the Stabroek Block offshore Guyana. Drilling at Longtail-3 encountered 230 feet (70 meters) of net pay, including newly identified, high quality hydrocarbon bearing reservoirs below the original Longtail-1 discovery...
To ensure all stakeholders are holding up their end of the bargain to make maximum use of local goods, skills and services in their operations, the President of Guyana, Dr. Mohamed Irfaan Ali, says government will be moving to...
To ensure all stakeholders benefit from Guyana’s lucrative oil and gas sector, Minister of Natural Resources, Vickram Bharrat urged current and prospective investors to work with locals on their projects. He made this call during his brief remarks at...
The newly repaired and upgraded components of the flash gas compression system for the Liza Destiny FPSO have arrived offshore Guyana and are being reinstalled.
ExxonMobil Guyana's Public and Government Affairs Advisor, Janelle Persaud, said Friday these include a newly...
Political instability and economic turmoil in Venezuela have caused its economy and oil industry to collapse. The country’s highest-ever oil production occurred in 1998 at 3.5 million barrels per day (bpd), the same year that Hugo Chávez was elected...
Public consultations for the Yellowtail Development Project continue in Guyana with another virtual session set to take place on Wednesday, June 2. The public is being urged to participate in the process and submit comments for consideration in the...
