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Hess Corporation expects significant returns on Guyana investment

The announcement by ExxonMobil Corporation on Friday of a 6th oil discovery off the coast of Guyana has further cemented the view that investment...

At over 30,000 feet Ranger-1 is deepest drilling exercise ever conducted...

The successful foray by ExxonMobil into the Ranger-1 reservoir offshore Guyana saw the deepest drilling exercise to date some 60 miles north west of...

What could 2018 hold for oil, gas exploration? Guyana high on...

(Hart Energy) Although unfavorable market conditions with lower but slowly improving oil prices left E&P companies’ exploration budgets battered in 2017, the year still...

“Elephant Man” says Guyana-Suriname Basin has big potential

Canadian oil and gas consultant Rob Strong is adamant that much more oil will be found in the Guyana-Suriname Basin, in keeping with his...

A decade after oil discovery! The bold steps, the mistakes, the...

Like Guyana, the first major oil discovery was made in the West African country of Ghana in the same year the country celebrated its 50th...

Oil production in Guyana could hit 400,000 bpd by 2026 –...

Industry analyst Wood Mackenzie believes oil production in Guyana could reach as high as 400,000 barrels per day by 2026 as multiple phases of...

Liza 1 discovery was intentionally “downplayed” in lead-up to Guyana elections...

The biggest offshore oil discovery in 2015 and the first of its kind in the South American country of Guyana was intentionally downplayed in...

Guyana oil reserves hover around 3 billion barrels with more discoveries...

With no proven oil reserves just over two and a half years ago, Guyana now has approximately 3 billion barrels of recoverable oil and...

Further drilling will determine size of Turbot discovery – ExxonMobil

US super-major ExxonMobil will move to drill a second well on the Turbot discovery next year which will help to determine the volume of...

Guyana gives ExxonMobil thumbs-up for new discovery

Guyana’s Ministry of Natural Resources said in a statement on Thursday evening that it joins the country’s President, David Granger, and the Guyanese people,...