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Payara development targeting 220,000 bpd peak production

ExxonMobil’s 3rd proposed development at the Stabroek Block offshore Guyana is targeting 180,000 to 220,000 barrels of oil per day with a potential start...

Multiple campaigns underway at Stabroek Block

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...

Apache eyeing large prospects offshore Suriname; mid-year drill campaign targeted

Houston-based Apache Corporation is set to spud its first well offshore Suriname by mid-year in Block 58 which sits adjacent to sections of the...

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

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...

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

More than five billion barrels of oil have been discovered to date off the Guyana coast in an area called the Stabroek Block which...

Hess expects free cash flow generation by 2022 – John Hess

CEO of HESS Corporation John Hess said that despite the volatility in oil prices and the decline of financial markets, Hess has not changed...

Stabroek Block explorers have a lot riding on Guyana

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...

Longtail, Turbot, Pluma and Tilapia could be jointly developed with 220,000...

ExxonMobil and its partners Hess and Nexen are turning their attention to the Tilapia prospect, located some 3.4 miles (5.5 kilometers) west of the...

Stabroek Block reserves could power over 16,000 rocket trips to the...

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...

‘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...