Exxon Mobil Raises Resource Estimate at Guyana's Stabroek Block

Hess CEO John Hess said he sees "multibillion barrels of additional exploration potential remaining on the block."

Hart Energy Staff

Estimated resources at the ExxonMobil-led offshore Stabroek block in Guyana have been raised to roughly 10 billion boe, up from a previous estimate of 9 billion boe, thanks to recent discoveries on the Stabroek Block at the Cataback well, 30% block partner Hess and Exxon Mobil announced Oct. 7.

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