Offshore Guyana Discovery By ExxonMobil Hits 121 ft Of Net Pay
Drilling Activity Details
Drilling Activity Summary
Description
Irving, Texas-based Exxon Mobil Corp. reported another discovery in Guyana’s offshore Stabroek Block at #1-Pluma.The well hit approximately 121 ft of high-quality pay in a hydrocarbon-bearing sandstone reservoir. It was drilled to 16,447 ft and is in 3,340 ft of water. This discovery increases the recoverable resource for the block to more than 5 Bbbl of oil equivalent. The drillship will be moved to the #1-Tilapia prospect about 4 miles west. Ongoing work will evaluate development options in the southeastern portion of the block, potentially combining Pluma with prior Turbot and Longtail discoveries into a major new development area. ExxonMobil estimates potential for at least five FPSOs on Stabroek Block producing more than 750 Mbbl of oil per day by 2025.
Irving, Texas-based Exxon Mobil Corp. reported another discovery in Guyana’s offshore Stabroek Block at #1-Pluma.The well hit approximately 121 ft of high-quality pay in a hydrocarbon-bearing sandstone reservoir. It was drilled to 16,447 ft and is in 3,340 ft of water. This discovery increases the recoverable resource for the block to more than 5 Bbbl of oil equivalent. The drillship will be moved to the #1-Tilapia prospect about 4 miles west. Ongoing work will evaluate development options in the southeastern portion of the block, potentially combining Pluma with prior Turbot and Longtail discoveries into a major new development area. ExxonMobil estimates potential for at least five FPSOs on Stabroek Block producing more than 750 Mbbl of oil per day by 2025.