ExxonMobil nails ninth oil discovery offshore Guyana

The company says Hammerhead-1 hit around 60m of ‘high quality, oil-bearing sandstone reservoir’

ExxonMobil makes seventh oil discovery offshore Guyana

ExxonMobil has announced its seventh oil discovery offshore Guyana. It found around 20 metres of “high quality, oil-bearing sandstone reservoir” after drilling at the Pacora-1 exploration well. Steve Greenlee, President of ExxonMobil Exploration Company said: “Pacora will be developed in conjunction with the giant Payara field and along with other phases, will help bring Guyana […]

ExxonMobil finds new oil offshore Guyana

ExxonMobil has announced a new offshore oil discovery in Guyana. The oil and gas multinational says it has seen positive results from the Payara-1 well, which is the company’s second oil discovery on the Stabroek block. More than 95 metres of high quality, oil bearing sandstone reservoirs were discovered. The well was safely drilled to 5,512 […]