Tag: Steve Greenlee

• Saturday, June 23rd 2018 - 10:27 UTC

  Exxon-Mobil made its eighth major oil discovery offshore Guyana

  

  ExxonMobil made its eighth oil discovery offshore Guyana at the Longtail-1 well in the Stabroek Block on June 20. The company encountered 256 feet of oil-bearing sandstone. The well was drilled to 18,057 feet depth in 6,365 feet of water.

• Friday, July 28th 2017 - 06:00 UTC

  Exxon puts Guyana on the world oil map with another major discovery

  

  Exxon Mobil said that it has discovered additional oil in the Payara reservoir offshore Guyana, increasing the total discovery to approximately 500 million barrels oil equivalent. The result increases the estimated recoverable resources in Guyana’s Stabroek Block formation to about 2.25 to 2.75 billion barrels. By way of comparison, the much-heralded Thunder Horse find in the Gulf of Mexico has reserves of about one billion barrels.

• Monday, July 4th 2016 - 09:56 UTC

  Exxon-Mobil-Hess confirm that off Guyana coast oil discovery is largest in two years

  

  ExxonMobil and its partner Hess Corp. have announced that the major discovery off the coast of Guyana, in the north of South America and bordering with Venezuela, is a discovery that is much larger than previously expected.