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Wednesday, July 17, 2019
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2016 Stabroek contract revisions followed dry hole at Skipjack

When US oil major ExxonMobil first started exploration activities at the Liza field the odds of finding oil at the high-risk Guyana basin was...

Exxon to begin drilling development wells for Liza Phase 2 early...

ExxonMobil Guyana will begin drilling development wells for the 220,000 barrels per day Liza Phase 2 Development project early 2020 and is already looking...

Multiple play types with an 87% success rate make Guyana a...

The resource growth in Guyana’s Stabroek Block is being described as ‘staggering’ by a top official at US oil major ExxonMobil who says while...

15% of global oil discoveries since 2015 made in Guyana

Guyana accounts for 15 percent of conventional oil discoveries made globally since 2015 and from all indications, potential for more crude strikes offshore the...

Guyana just months away from adding to South America’s O&G supply

Guyana will begin producing oil within months at a modest peak rate of 120,000 barrels per day but with a rapid acceleration that will...

Stabroek reservoirs expected to deliver high production rates – Hess

The deepwater reservoirs in Guyana’s Stabroek block where more than 5.5 billion barrels of oil have been found rank among the best in the...

CNOOC seeking coordinator to lift its share of Guyana oil

Chinese oil company CNOOC is looking for a coordinator to lift is share of oil when production gets underway at the 120,000 bpd Liza...

ExxonMobil conducting met-ocean survey at Stabroek

ExxonMobil Guyana is currently conducting a met-ocean survey at its Stabroek Block offshore the South American country of Guyana. The operation, which is scheduled to...

Resource from 3 wells to be added to 5.5 billion estimate...

ExxonMobil said that the last three discoveries in the Stabroek Block offshore Guyana – Haimara, Tilapia and Yellowtail – will add to the 5.5...

Future oil discoveries at Stabroek could run into billions of barrels

Hess Corporation, a 30 percent stakeholder in the prolific Stabroek Block offshore Guyana, believes more mega oil deposits are still to be found in...