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Montevideo, November 14th 2024 - 23:52 UTC

Tag: Pacora

  • Wednesday, March 7th 2018 - 09:45 UTC

    Exxon-Mobil hits oil jackpot offshore Guyana: future production of 500.000 bpd

    Pacora will be developed together with giant Payara field, and with other phases, will help bring Guyana production to more than 500,000 barrels per day

    United States-based oil giant ExxonMobil says the latest oil discovery in Guyana will help bring production to more than 500,000 barrels per day. In a statement, the oil company said that it was satisfied with the discovery in the Pacora Well that was safely drilled to a depth of 18,363 feet in 6,781 feet of water. It said drilling began on January 29 this year.