Exxon Mobil Makes Two Discoveries Offshore Guyana

Fangtooth and Lau Lau discoveries will add to previous recoverable resource estimate of approximately 10 billion oil-equivalent barrels, says Exxon Mobil and project partner Hess in separate releases.

Hart Energy Staff
ExxonMobil Makes Two Discoveries Offshore Guyana

Fangtooth was drilled by the Stena DrillMAX and Lau Lau was drilled by the Noble Don Taylor, which are two of six drillships supporting exploration and development drilling across three blocks operated by Exxon Mobil offshore Guyana. (Source:  Shutterstock.com; image of Noble Sam Croft drillship by Hess Corp.)

The Exxon Mobil Corp.-led consortium on Jan. 5 announced two significant discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana.

The Fangtooth-1 well encountered approximately 164 ft of high-quality oil-bearing sandstone reservoirs, Exxon Mobil and Hess Corp. noted in separate releases.

The well was drilled in 6,030 ft of water by the Stena DrillMAX and is located approximately 11 miles northwest of the Liza field. The Lau Lau-1 well encountered approximately 315 ft of high-quality hydrocarbon-bearing sandstone reservoirs. The well was drilled in 4,793 ft of water by the Noble Don Taylor and is located approximately 42 miles southeast of the Liza field.

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