Offshore Guyana Discovery by Exxon Mobil Hits 220 Net ft of Pay

Drilling Activity Details



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Drilling Activity Summary


Exxon Mobil reported a discovery at #1-Pinktail in the Stabroek Block, offshore Guyana. The well encountered 220 ft of net pay in high-quality, hydrocarbon bearing sandstone reservoirs. Additional completion details are not available. The #1-Pinktail is southeast of the Liza Phase 1 development project and a recent completion, #1-Yellowtail. The Irving, Texas-based company also announced appraisal results from the Turbot prospect. The #2-Turbot hit 43 ft of newly identified net pay in a high-quality, hydrocarbon bearing sandstone reservoir. The reservoir is separate from the 75 ft of oil bearing sandstone reservoir pay encountered in the original #1-Turbot discovery. According to the company, this follows the additional pay in deeper reservoirs encountered at the previously announced Whiptail discovery. Irving, Texas-based Exxon Mobil is the operator and holds 45% interest in the Stabroek Block with partners Hess Corp. with 30% and China National Offshore Oil Corp. with 25% interest.