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Operating and proposed projects in the Stabroek block. Esso, a subsidiary of ExxonMobil, began exploring the off-shore region in 2008. [10] In May 2015 ExxonMobil announced discovery of more than 90 metres of high-quality, oil-bearing sandstone reservoirs about 200 km off the coastline, [11] considered to be one of the largest crude oil discoveries of the past decade. [12]
Guyana has opened bids for 14 offshore oil blocks available for exploration and development as the South American country seeks to ramp up oil production. Six companies and groups submitted bids ...
The Guianan marine ecoregion stretches along the middle of the northeast coast of South America, touching Venezuela, Guyana, Suriname and French Guiana. It extends about 200 miles offshore, with the warm Guianan Current moving east-to-west through the region. This current brings in fresh, turbid waters from the mouth of the Amazon River to the ...
U.S. oil major Exxon Mobil and partners are continuing to negotiate with Guyana's government on the terms for developing a shallow-water oil block, an Exxon spokesperson said on Monday. Exxon ...
Short title: Map of Guyana - Guyana Official Map - Show the World Guyana - Barima-Waini, Pomeroon-Supenaam,Essequibo Islands-West Demerara, Demerara-Mahaica, Mahaica-Berbice, East Berbice-Corentyne, Cuyuni-Mazaruni, Potaro-Siparuni, Upper Demerara-Berbice,Upper Takutu-Upper Essequibo -Tigri Area - Cornatijn River - Guayana Esequiba, Guayana Esequiba, Tigri Area, Upper Courentyne, Corentyne ...
ExxonMobil's (XOM) Tripletail-1 well, which is drilled at a depth of 2,003 meters of water, is located about five kilometers northeast of the Longtail discovery.
In May the government of Guyana announced that ExxonMobil had indeed found promising results in their first round of drilling on the so-called Stabroek Block, an area offshore the Essequibo territory with a size of 26,800 km 2 (10,300 sq mi). The company announced that further drillings would take place in the coming months to better evaluate ...
The prize in the contest is Hess' 30% stake in the Stabroek offshore Guyana joint venture with some 11.6 billion barrels in oil and gas discovered so far. The consortium, which includes Exxon with ...