Exploratory In Stabroek Block Confirms 800 MMboe-1.4 Boe.
Drilling Activity Details
Drilling Activity Summary
Description
Houston-based ExxonMobil Corp. reported that the second exploration well drilled offshore Guyana has confirmed a world-class discovery. The #2-Liza has recoverable resources of between 800 MMboe and 1.4 Bboe. The Stabroek Block has confirmed that Liza Field extends at least halfway to the neighboring Orinduik Block to the southwest and contains hydrocarbons. The #2-Liza was the second of at least four exploratory and appraisal wells. It encountered more than 190 ft of oil-bearing sandstone reservoirs in Upper Cretaceous formations. The well was drilled to 17,963 ft in water depth of 5,551 ft. ExxonMobil operates the Stabroek Block and Liza wells with 45% interest. Hess Corp. holds 30%, and China National Offshore Oil Corp. holds 25%.
Houston-based ExxonMobil Corp. reported that the second exploration well drilled offshore Guyana has confirmed a world-class discovery. The #2-Liza has recoverable resources of between 800 MMboe and 1.4 Bboe. The Stabroek Block has confirmed that Liza Field extends at least halfway to the neighboring Orinduik Block to the southwest and contains hydrocarbons. The #2-Liza was the second of at least four exploratory and appraisal wells. It encountered more than 190 ft of oil-bearing sandstone reservoirs in Upper Cretaceous formations. The well was drilled to 17,963 ft in water depth of 5,551 ft. ExxonMobil operates the Stabroek Block and Liza wells with 45% interest. Hess Corp. holds 30%, and China National Offshore Oil Corp. holds 25%.