Exxonmobil guyana discoveries
Exxonmobil guyana discoveries. IRVING, Texas — ExxonMobil said today it made two additional discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells, bringing the total number of discoveries on the Stabroek Block to 12. ExxonMobil aims to drill three wildcats offshore Guyana in the coming year as it hunts down big new discoveries that can support new floating production, storage Aug 14, 2017 · IRVING, Texas -- (BUSINESS WIRE)--Oct. Texas-based Exxon Mobil now expects its six offshore Guyana projects to generate gross production of 1. The well was drilled in 6,030 feet (1,838 meters) of water and is located Mar 15, 2024 · ExxonMobil Guyana today announced a discovery at Bluefin in the Stabroek block offshore Guyana, the company’s first discovery of 2024. Mar 19, 2024 · XOM. The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high quality oil bearing sandstone reservoirs. Mar 15, 2024 · March 15, 2024 at 3:54 PM PDT. Jan 5, 2022 · ExxonMobil Corp , the largest U. Payara is ExxonMobil’s second oil discovery on the Stabroek Block and was drilled in a new reservoir. 5, 2018-- Exxon Mobil Corporation (NYSE:XOM) announced today positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015. ExxonMobil affiliate Esso Exploration and Production Guyana Limited is operator and holds 45 percent interest in the Stabroek Block. N) New Tab Oct 7, 2021 · IRVING, Texas – ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana to approximately 10 billion oil-equivalent barrels. Apr 27, 2023 · ExxonMobil Guyana yesterday announced a discovery at Lancetfish-1 on the Stabroek block offshore Guyana, the company’s second discovery of 2023. 5, 2017-- Exxon Mobil Corporation (NYSE:XOM) today announced it made a fifth new oil discovery after drilling the Turbot-1 well offshore Guyana . ExxonMobil affiliate Esso Exploration and Production Guyana Ltd. Follow. 3 MMbbl/d by 2027, the company’s upstream head Liam Mallon said. Government approvals Jul 26, 2022 · IRVING, Texas-- (BUSINESS WIRE)-- ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block. began drilling the Ranger-1 well on Nov. It adds to the more than 30 discoveries since 2015 in the 26,800km² area, which already boasts more than 11 billion barrels of recoverable oil Sep 18, 2023 · A consortium led by ExxonMobil controls Guyana’s prolific offshore 6. A release from the company said that the Sep 9, 2021 · IRVING, Texas-- (BUSINESS WIRE)-- ExxonMobil today said it made a discovery at Pinktail in the Stabroek Block offshore Guyana. SPRING, Texas-- (BUSINESS WIRE)-- ExxonMobil started production today at Payara, Guyana’s third offshore oil development on the Stabroek Block, bringing total production capacity in Guyana to approximately 620,000 barrels per day. Hess Corp. A release from the company said that the Oct 30, 2023 · That well was drilled in 5,843 ft of water and is about 4 miles southeast of the Fangtooth discovery. According to Hess, Exxon made a “significant” oil discovery at the Fangtooth SE-1 well, located approximately eight miles southeast of the original Fangtooth-1 discovery. 15. The drilling was undertaken by the Stena Carron rig. Sep 18, 2023 · ExxonMobil is poised to be the major beneficiary of Guyana's burgeoning offshore oil boom due to favorable contract terms and massive oil discoveries in the Stabroek Block. oil producer continues to develop one of the world's most important new oil and gas blocks IRVING, Texas -- (BUSINESS WIRE)--Feb. ExxonMobil affiliate Esso Exploration and Production Guyana is operator of the Stabroek Block, holding 45% interest in the licence. N) said on Tuesday it has made two new oil discoveries offshore Guyana and that it has already exceeded its original year-end Apr 26, 2023 · Georgetown, Guyana – ExxonMobil Guyana today announced a discovery at Lancetfish-1 on the Stabroek block offshore Guyana, the company’s second discovery of 2023. “The Fangtooth SE-1 well encountered approximately Nov 8, 2023 · The ExxonMobil Guyana team has been delivering such results since 2015, during which time the company has been able to report more than 30 successful discovery wells totaling almost 11 billion IRVING, Texas-- (BUSINESS WIRE)-- Exxon Mobil Corporation (NYSE:XOM) today announced a significant oil discovery on the Stabroek Block, located approximately 120 miles offshore Guyana. Production from Liza Unity vessel to reach 220,000 barrels of oil per News releases • Oct. RES. oil major said on Wednesday, as it develops one of the world's Jan 12, 2017 · IRVING, Texas-- (BUSINESS WIRE)-- ExxonMobil announced today positive results from its Payara-1 well offshore Guyana. The Bluefin Mar 15, 2024 · Petronas, Exxon hit oil jackpot with second discovery at Block 52 offshore Suriname. Mar 15, 2024 · ExxonMobil Guyana has discovered additional hydrocarbons in the Stabroek block offshore Guyana. More than 100 miles offshore Guyana, three of the world’s largest, best-in-class floating production storage and Guyana. OilNOW - November 2, 2023. Referred to as Fangtooth and Lau Lau, these two new discoveries add to the Stabroek block which began producing crude oil in 2019. In addition to successful appraisal of the Turbot discovery, the Turbot-2 well encountered 43 feet Mar 15, 2024 · Text size. The Redtail discovery was announced in September 2020. The Bluefin well encountered approximately 197 feet (60 metres) of hydrocarbon-bearing sandstone and was drilled by the Stena Drillmax drillship in 4,244 feet (1,294 metres) of water. The company said in a statement that the Bluefin well encountered approximately 197 feet (60 metres) of hydrocarbon-bearing sandstone and was drilled by the Stena Drillmax drillship in 4,244 feet (1,294 metres) of water. Drilling targeted similar aged reservoirs as encountered in previous discoveries at Liza and Payara. More than 5,000 Guyanese now employed supporting Apr 26, 2022 · Guyana has emerged as a key source for Exxon's future production, with 31 oil discoveries in its giant Stabroek block so far. ExxonMobil Guyana today announced a discovery at Bluefin in the Stabroek block offshore Guyana, the company’s first discovery of 2024. Apr 27, 2023 · IRVING, Texas-- ( BUSINESS WIRE )--ExxonMobil made a final investment decision for the Uaru development offshore Guyana after receiving required government and regulatory approvals. ” The other discovery was at the Haimara-1 well, which encountered approximately 207 feet (63 meters) of high-quality, gas-condensate bearing sandstone reservoir. Subscribe now: https://www. Mar 20, 2024 · In an exciting development marking the onset of 2024, ExxonMobil Guyana has unveiled its latest underwater treasure – a significant hydrocarbon find at the Bluefin site within the prolific Stabroek block. In a statement, the company said that the Apr 27, 2023 · ExxonMobil Guyana yesterday announced a discovery at Lancetfish-1 on the Stabroek block offshore Guyana, the company’s second discovery of 2023. Drilling is also ongoing at the Whiptail-2 well, which has encountered 167 feet (51 meters) of net pay in Apr 14, 2024 · HES. Jan 6, 2022 · ExxonMobil (NYSE: XOM) announced that it has made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana. Oct 26, 2023 · Guyana's energy ministry said the Exxon Mobil-led consortium's appraisal well in the offshore Stabroek block resulted in another significant oil and gas discovery. 12, 2017-- ExxonMobil announced today positive results from its Payara-1 well offshore Guyana . The development marks the company’s first such announcement in the country this year. AS. ExxonMobil encountered approximately 65 feet (20 meters) of high-quality, oil-bearing sandstone reservoir. ExxonMobil has made more than 30 discoveries on the block since 2015, and it has ramped up Oct 29, 2023 · That changed in 2015 when an Exxon-led consortium, including Hess and Chinese giant Cnooc, made a significant discovery at the Liza field, in the 6. Turbot is ExxonMobil’s latest discovery to date in the country, adding to previous discoveries at Liza, Payara, Snoek and Liza Deep. Petronas Suriname has announced a major oil discovery at the Roystonea-1 exploration well in block 52. The well was safely drilled to 18,363 feet Oct 14, 2022 · October 14, 2022 [Medium] – On 5 June 2022 the American energy giant ExxonMobil made two new offshore discoveries in Guyana said to be capable of producing ~10 million oil-equivalent barrels. The Prosperity floating, production, storage and offloading . 6-million-acre Stabroek Block, where more than 30 world-class oil discoveries have been made and lies at the heart of the Dec 12, 2023 · ExxonMobil is producing about 600,000 barrels of oil a day after successfully drilling more than 40 wells off Guyana’s Essequibo region. 2 million barrels of oil and Jan 5, 2018 · ExxonMobil affiliate Esso Exploration and Production Guyana Ltd. ExxonMobil Corp. Redtail is ExxonMobil’s 18th oil discovery in the Stabroek Block. N) has made a new discovery at Whiptail in the Stabroek Block offshore Guyana, the U. The successful drilling, carried out in an offshore location about 185 kilometers from the coast and at a water depth of 904 meters Nov 1, 2023 · Updated 1 November 2023, 07:22. The company’s fourth, and largest, project in the Stabroek Block is expected to produce approximately 250,000 barrels of oil per day starting in 2025. The oil and gas strike, the Aug 3, 2016 · Summary. The discoveries build on the previously announced estimated recoverable resource of more than 5 billion oil-equivalent barrels on the Stabroek Apr 27, 2022 · An FPSO bound for Guyana. The new find, dubbed Mar 15, 2024 · Petronas, Exxon hit oil jackpot with second discovery at Block 52 offshore Suriname. The well was drilled by ExxonMobil affiliate, Esso Exploration and Production Guyana Ltd. 6mn acre Stabroek Block. The Fangtooth-1 well, which was drilled in 6,030 feet of Mar 19, 2024 · Our operations in Guyana are helping to supply the world’s energy needs by producing more than 600,000 barrels of oil a day. ExxonMobil began crude production in Guyana in 2019. N) on Friday disclosed a new oil and gas discovery in the prolific Stabroek block offshore Guyana, the company Oct 26, 2022 · ExxonMobil’s first two sanctioned offshore Guyana projects, Liza Phase 1 and Liza Phase 2, are now producing above design capacity and achieved an average of nearly 360,000 b/d of oil in third ExxonMobil Guyana and its reporting contractors have spent more than $83 billion (US$400 million) with more than 1,500 Guyanese businesses in 2022 alone. Exxon Mobil Corporation XOM has made a groundbreaking announcement, revealing a significant oil and gas discovery in the prolific Stabroek block offshore Guyana. Marks the ExxonMobil-led consortium’s second discovery of 2023. The company is calling Liza-2, the second exploration well drilled by the company, a “world-class discovery” that could add between 800 million and 1. ExxonMobil has made more than 30 discoveries on the block since 2015, and it has ramped up offshore development and production at a pace that far exceeds the Mar 15, 2024 · CNOOC Ltd. Mar 18, 2024 · ExxonMobil has announced a new oil and gas discovery at the Bluefin well in the Stabroek block offshore Guyana. The revised Jan 26, 2023 · The announcement was made by its partner Hess Corp on Wednesday. ExxonMobil has made a trio of new discoveries offshore Guyana, boosting recoverable resources from the prolific Stabroek Block to nearly 11 billion barrels of oil Feb 6, 2019 · “We expect this area to progress to a major development hub providing substantial value to Guyana, our partners and ExxonMobil. oil producer, said on Wednesday it had made two new discoveries in the Stabroek Block off Guyana's coast, one of its top bets for production growth this decade. Whiptail, the sixth project on the Stabroek block, is expected to add approximately 250,000 barrels of daily capacity by the end of 2027. By the end of the decade, oil production from Guyana, on the northern coast of South America, could exceed 1 million barrels a day – enough to make it one of the world’s top 20 producers. This discovery, the company’s first for the year, accentuates its sustained exploration success offshore Guyana. The Pinktail well encountered 220 feet (67 meters) of net pay in high quality hydrocarbon bearing sandstone reservoirs. ExxonMobil has increased its resource estimate for the Stabroek block offshore Guyana with three new discoveries that will help Aug 21, 2023 · Guyana has emerged as the world's fastest-growing new oil province in a decade with discoveries of more than 11 billion barrels of oil and gas. S. HOUSTON, March 15 (Reuters) - Exxon Mobil (XOM. Mar 19, 2024 · The Bluefin discovery adds to the more than 30 finds since 2015 in the Stabroek block. Mar 15, 2024 · ExxonMobil Guyana earlier today announced its first discovery for 2024 at Bluefin in the Stabroek block offshore Guyana. The consortium began producing crude in late-2019. ’s (NYSE: XOM) latest frontier exploration efforts offshore Guyana are boosting the company’s confidence in the Stabroek Block. Feb 11, 2022 · IRVING, Texas – ExxonMobil today said it started production at Guyana’s second offshore oil development on the Stabroek Block, Liza Phase 2, bringing total production capacity to more than 340,000 barrels per day in only seven years since the country’s first discovery . The Payara-1 well targeted similar aged reservoirs that were proven successful at the company’s Liza The 18 discoveries on the block to date have established the potential for at least five FPSO vessels producing more than 750,000 barrels of oil per day by 2026. ExxonMobil makes two more discoveries offshore Guyana IRVING, Texas – ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block. The company’s current production levels have reached May 3, 2022 · ExxonMobil recently started producing oil from our second offshore development in Guyana, bringing the country’s capacity to more than 340,000 barrels a day, up from zero three years ago. May 20, 2015 · IRVING, Texas—Exxon Mobil Corporation (NYSE:XOM) today announced a significant oil discovery on the Stabroek Block, located approximately 120 miles offshore Guyana. Exxon’s Guyana Apr 12, 2024 · SPRING, Texas-- (BUSINESS WIRE)-- ExxonMobil has made a final investment decision for the Whiptail development offshore Guyana, after receiving the required government and regulatory approvals. Mar 30, 2017 · ExxonMobil earlier this year said it encountered more than 95 ft of oil-bearing sandstone in its Payara-1 well, which was drilled about 10 miles northwest of the Liza-1 discovery (OGJ Online, Jan Oct 26, 2022 · IRVING, Texas-- ( BUSINESS WIRE )--ExxonMobil today announced two discoveries at the Sailfin-1 and Yarrow-1 wells in the Stabroek block offshore Guyana, adding to its extensive portfolio of Jan 5, 2022 · IRVING, Texas-- (BUSINESS WIRE)-- ExxonMobil today said it made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana. The company and its direct contractors This is ExxonMobil’s 17th oil discovery in the Stabroek Block. April 26, 2022. Jan 5, 2022 · IRVING, Texas-- ( BUSINESS WIRE )--ExxonMobil today said it made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana. 4 billion oil-equivalent barrels of recoverable resources. Exxon Mobil (NYSE:XOM) said late Friday it made another oil and gas discovery in the prolific Stabroek block offshore Guyana, its first announced discovery in the South American country this year Feb 7, 2019 · The discoveries at the Tilapia-1 and Haimara-1 wells bring the total number of discoveries on the 26,800km 2 Stabroek Block to 12. The discoveries at Seabob and Kiru-Kiru are the sixth and seventh in Guyana this year, with the total number Aug 30, 2018 · IRVING, Texas--(BUSINESS WIRE)-- ExxonMobil (NYSE:XOM) has made its ninth discovery offshore Guyana at the Hammerhead-1 well, marking its fifth discovery on the Stabroek Block in the past year and proving a new play concept for potential development. The discoveries at Seabob and Kiru-Kiru are the sixth and seventh in Guyana this year, with the total number of discoveries in Guyana at more than 25. , and encountered more than 295 feet (90 meters) of high-quality oil-bearing sandstone Mar 18, 2024 · ExxonMobil announced its first discovery in 2024 in Stabroek, solidifying the Guyana asset's position as a key area for the oil and gas giant as it disputes rival Chevron's bid to enter the block. Reinforces Stabroek block’s continued exploration potential. Jan 12, 2017 · IRVING, Texas -- (BUSINESS WIRE)--Jan. 5, 2017 and encountered approximately 230 feet (70 meters) of high-quality, oil-bearing Jul 28, 2021 · Contact: Media Line (737) 272-1452. com/user/exxonmobil?sub_confirmation=1In December of 2 Mar 30, 2017 · IRVING, Texas--(BUSINESS WIRE)-- Exxon Mobil Corporation (NYSE:XOM) announced today positive results on the Snoek well offshore Guyana, confirming a new discovery on the Stabroek Block. 26, 2022. 28, 2018-- Exxon Mobil Corporation (NYSE:XOM) announced today its seventh oil discovery offshore Guyana, following drilling at the Pacora-1 exploration well. The operator confirmed the discovery, the first for 2024, in a press release Mar. Drilling is also ongoing at the Whiptail-2 well, which has encountered 167 feet (51 Oct 26, 2023 · An appraisal well drilled by a consortium led by Exxon Mobil in Guyana has resulted in a "significant discovery" of oil and gas, the South American country's energy ministry said on Thursday. HOUSTON, July 26 (Reuters) - Exxon Mobil Corp (XOM. The Bluefin well is located approximately Mar 16, 2024 · Kaieteur News – ExxonMobil Guyana Limited (EMGL) on Friday announced another oil discovery in the Stabroek Block. 1:21. The Fangtooth-1 well encountered approximately 164 feet (50 meters) of high-quality oil-bearing sandstone reservoirs. Nov 14, 2023 · Some 6,000 Guyanese are now supporting ExxonMobil Guyana’s activities in the country, representing more than two-thirds of the local oil and gas workforce. IRVING, Texas – ExxonMobil today said it made a discovery at Whiptail in the Stabroek Block offshore Guyana. , and encountered more than 295 feet (90 meters) of high-quality oil ExxonMobil Guyana and its reporting contractors have spent more than $83 billion (US$400 million) with more than 1,500 Guyanese businesses in 2022 alone. says it found new oil in the waters off Guyana, the South American nation neighboring Venezuela where major oil discoveries have been Apr 26, 2022 · The three discoveries are southeast of the Liza and Payara developments and bring to five the discoveries made by ExxonMobil in Guyana in 2022. We are efficiently developing these discovered resources while maintaining an active exploration pace to test multiple remaining prospects across all blocks. is operator and holds 45% Sep 8, 2020 · Exxon Mobil Corp <XOM. IRVING, Texas — Exxon Mobil Corporation (NYSE:XOM) announced today positive results on the Snoek well offshore Guyana, confirming a new discovery on the Stabroek Block. That is part of the more than $180 billion (US$900 million) spent with locals since the first discovery in 2015. Exxon and partners Hess Corp (HES. IRVING, Texas – ExxonMobil today said it made a discovery at Pinktail in the Stabroek Block offshore Guyana. The Gas-to-Energy project is expected to greatly improve the quality of life for the people of Guyana. Listen. ExxonMobil, Hess, and CNOOC strike it big in Guyana, a small South American country that borders Venezuela. The successful drilling, carried out in an offshore location about 185 kilometers from the coast and at a water depth of 904 meters Mar 20, 2024 · ExxonMobil Guyana today announced a discovery at Bluefin in the Stabroek block offshore Guyana, the company’s first discovery of 2024. Nov 14, 2023 · Nearly 6,000 Guyanese support ExxonMobil activities. The company Jul 28, 2021 · IRVING, Texas-- (BUSINESS WIRE)-- ExxonMobil today said it made a discovery at Whiptail in the Stabroek Block offshore Guyana. The Exxon-Mobil consortium also submitted a bid and received approval to develop three more areas in the region believed to contain additional oil deposits. Mar 15, 2024 · March 15, 2024. “Initial results from the Fangtooth and Nov 5, 2017 · IRVING, Texas -- (BUSINESS WIRE)--Jan. The Ranger-1 well discovery adds to previous world-class discoveries at Liza, Payara, Snoek, Liza Deep and Turbot, which Oct 29, 2023 · That changed in 2015 when an Exxon-led consortium, including Hess and Chinese giant Cnooc, made a significant discovery at the Liza field, in the 6. Jul 28, 2021 · July 28 (Reuters) - Exxon Mobil Corp (XOM. In a statement, the company said that the Explore how offshore oil production with ExxonMobil works in Guyana. Jun 30, 2016 · Results of ExxonMobil Corp. Exxon’s Guyana This is ExxonMobil’s 17th oil discovery in the Stabroek Block. Sep 8, 2020 · Oil discovery is 18 th offshore Guyana; follows discovery at Yellowtail-2 ; Adds to previous estimate of more than 8 billion barrels of discovered recoverable resource IRVING, Texas--(BUSINESS WIRE)-- ExxonMobil has made its 18 th discovery offshore Guyana at the Redtail-1 well which will add to the previously announced estimated recoverable resource of more than 8 billion oil-equivalent Mar 22, 2024 · The Lancetfish discovery made by US supermajor ExxonMobil in the prolific Stabroek block offshore Guyana holds an estimated 730 million barrels of recoverable oil reserves, according to block IRVING, Texas – ExxonMobil has made a final investment decision for the Yellowtail development offshore Guyana after receiving government and regulatory approvals. N> said on Tuesday it made its 18th discovery offshore Guyana, as the largest U. The Redtail-1 well encountered approximately 232 feet (70 meters) of high-quality oil bearing sandstone and was drilled in 6,164 feet (1,878 meters) of water. The Barreleye-1 well encountered approximately 230 feet (70 meters) of hydrocarbon-bearing sandstone and was drilled in 3,840 feet (1,170 meters) of water. In Guyana, our exploration success has resulted in 18 discoveries and estimated oil equivalent recoverable resources approaching 9 billion barrels. In addition to successful appraisal of the Turbot discovery, the Turbot-2 well encountered 43 feet (13 meters) of net pay in a newly identified, high quality Oct 27, 2022 · ExxonMobil have announced two discoveries at the Sailfin-1 and Yarrow-1 wells in the Stabroek block offshore Guyana, adding to its extensive portfolio of development opportunities. Apr 26, 2022 · The three discoveries are southeast of the Liza and Payara developments and bring to five the discoveries made by ExxonMobil in Guyana in 2022. US energy giant ExxonMobil on Friday announced a new offshore oil and gas discovery in waters off Guyana that are also claimed by neighboring Venezuela. As the Liza-2 well uncovered commercially viable oil & gas reserves, the IRVING, Texas — ExxonMobil announced today positive results from its Payara-1 well offshore Guyana. SBMO. Feb 7, 2019 · American oil and gas multinational ExxonMobil announced on Wednesday that it made two discoveries in the Stabroek Block offshore Guyana. Jul 27, 2022 · Hess Corp. Drilling at Patwa-1 encountered 108 feet (33 Oct 7, 2021 · Exxon's affiliate is the operator for the block with 45%interest, Hess Guyana Exploration Ltd holds 30% and CNOOC Petroleum Guyana Ltd holds 25%. Oct 26, 2022 · Please see below full statement from ExxonMobil : IRVING, Texas – ExxonMobil today announced two discoveries at the Sailfin-1 and Yarrow-1 wells in the Stabroek block offshore Guyana, adding to its extensive portfolio of development opportunities. It and partners say they plan to pump 1. Apr 26, 2022 · ExxonMobil adds to discoveries offshore Guyana. youtube. The updated resource estimate includes a new discovery at the Cataback-1 well, which brings the total significant discoveries to more than 20 within the Stabroek Block. The Payara-1 well targeted similar aged reservoirs that were proven successful at the company’s Liza discovery. bb ld yz ym zv jt yj id gk kz