Offshore Guyana Stabroek Block Venture Hits 59 ft Of Oil-bearing Sandstone
Drilling Activity Details
Geo Coordinate
Drilling Activity Summary
Description
ExxonMobil Corp. announced results from a test in the offshore Guyana Stabroek Block at #2-Payara. The well hit 59 ft of high-quality, oil-bearing sandstone in Payara Field. According to the Houston-based company, the new discovery adds approximately 500 MMboe to the discovery. The estimated gross recoverable resource for the Stabroek Block is now between 2.25 Bboe and 2.75 Bboe. ExxonMobil is operator and holds 45% interest in the block along with Hess Corp., 30%, and CNOOC Ltd. with 25%.
Description
ExxonMobil Corp. announced results from a test in the offshore Guyana Stabroek Block at #2-Payara. The well hit 59 ft of high-quality, oil-bearing sandstone in Payara Field. According to the Houston-based company, the new discovery adds approximately 500 MMboe to the discovery. The estimated gross recoverable resource for the Stabroek Block is now between 2.25 Bboe and 2.75 Bboe. ExxonMobil is operator and holds 45% interest in the block along with Hess Corp., 30%, and CNOOC Ltd. with 25%.