Exxon Mobil: New Find in Stabroek Block Hits 243 ft of Net Pay

Drilling Activity Details

Locations

Guyana

Operators
Post Date
Shore Type
Well Name
#1-Cataback
Geo Coordinate

Drilling Activity Summary

Description

Exxon Mobil, based in Irving, Texas, has announced an updated estimate of recoverable resources for the offshore Guyana Stabroek Block. The updated resource estimate of 10 Bbbl including a new discovery at #1-Cataback, which encountered 243 ft of net pay in high-quality, hydrocarbon bearing sandstone reservoirs. The well is about 4 miles east of the #1-Turbot and was drilled in 5,928 ft of water. Additional testing is planned. Exxon Mobil is the operator and holds 45% interest in the Stabroek Block. Project partners include Hess Corp. (30%) and China National Offshore Oil Co. (25%).