Guyana


All posts for Guyana

ExxonMobil Adds Ninth Discovery Offshore Guyana

Hammerhead-1 well encounters 197 feet of high-quality, oil-bearing sandstone Discovery adds to estimated resource of more than 4 billion barrels Maximum offshore value creation through rapid development and accelerated exploration IRVING, Texas--( BUSINESS WIRE )-- ExxonMobil (NYSE:XOM) has ma ...

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Posted 1 year agoPress > OffshoreDiscoveryGuyana +5

Hess Announces Ninth Discovery Offshore Guyana

Hammerhead-1 well encounters 197 feet of high-quality, oil-bearing sandstone Discovery adds to estimated resource of more than 4 billion barrels Maximum offshore value creation through rapid development and accelerated exploration NEW YORK--(BUSINESS WIRE)--Aug. 30, 2018-- Hess Corporati ...

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Posted 1 year agoPress > HessHess CorporationOffshore +4

Eco (Atlantic) Oil & Gas - First Quarter Results and Operational Update

Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V: EOG), the oil and gas exploration company with licences in highly prospective regions in South America and Africa, is pleased to announce its unaudited results for the three months ended 30 June 2018 and provide a corporate and operational update. Co ...

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Posted 1 year agoPress > EOGEco AtlanticEco Atlantic Oil & Gas +7

ExxonMobil Earns $4 Billion in Second Quarter of 2018

Project milestones increasing confidence in long-term growth plans Permian and Bakken production up 30 percent from same quarter last year Eighth discovery offshore Guyana; acquires new interest and acreage in Brazil                 First                     Second Qua ...

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Posted 1 year agoPress > EarningsResultsupstream +8

Hess Reports Estimated Results for the Second Quarter of 2018

Key Highlights: Estimate of gross discovered recoverable resources on the Stabroek Block, offshore Guyana (Hess 30 percent), increased to more than 4 billion barrels of oil equivalent; total discoveries to date have established the potential for up to five FPSOs to produce over 750,000 barr ...

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Posted 1 year agoPress > Stabroek BlockOffshoreGuyana +3

Hess Announces Increased Resource Estimate for Stabroek Block, Offshore Guyana

Estimate of gross discovered recoverable resources for the Stabroek Block increased to more than 4 billion barrels of oil equivalent Planning underway for a third phase of development Total discoveries to date establish potential to produce over 750,000 barrels per day by 2025 NEW YORK-- ...

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Posted 1 year agoPress > HessHess CorporationGuyana +6

ExxonMobil Increases Estimate for Guyana’s Stabroek Block to 4 Billion Barrels

Evaluation supports third phase of development; additional two phases under consideration with potential to produce over 750,000 barrels per day Success in upstream projects increases confidence in earnings growth plans High quality resource and project execution excellence provides value to res ...

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Posted 1 year agoPress > ExxonMobilExxon MobilExxon Mobil Corporation +6

ExxonMobil Foundation Invests US$10 Million in Guyana for Research, Sustainable Employment and Conservation

New collaboration established between ExxonMobil Foundation, Conservation International and University of Guyana Program to advance Guyana's sustainable economy through investments in education, research, sustainable management and conservation of the country's vast ecosystems Part of ExxonMobil ...

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Posted 1 year agoPress > Exxon MobilExxon Mobil CorporationExxonMobil +5

ExxonMobil Announces Eighth Discovery Offshore Guyana

Longtail-1 well encounters approximately 256 feet of high-quality, oil-bearing sandstone Discovery is in southeast portion of Stabroek Block, near Turbot discovery Adding third drillship to accelerate exploration of high value prospects IRVING, Texas--( BUSINESS WIRE )-- Exxon Mobil Corpo ...

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Posted 1 year agoPress > GuyanaOffshoreDiscovery +3

Hess Announces Eighth Oil Discovery Offshore Guyana

Longtail-1 well encounters approximately 256 feet of high-quality, oil-bearing sandstone Discovery is in southeast portion of Stabroek Block, near Turbot discovery Adding third drillship to accelerate exploration of high value prospects NEW YORK--(BUSINESS WIRE)--Jun. 20, 2018-- Hess Cor ...

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Posted 1 year agoPress > HessOil DiscoveryDiscovery +2

Hess Announces Eighth Oil Discovery Offshore Guyana

Longtail-1 well encounters approximately 256 feet of high-quality, oil-bearing sandstone Discovery is in southeast portion of Stabroek Block, near Turbot discovery Adding third drillship to accelerate exploration of high value prospects NEW YORK--(BUSINESS WIRE)--Jun. 20, 2018-- Hess Cor ...

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Posted 1 year agoPress > HessHess CorporationDiscovery +3

ExxonMobil Advances Liza Phase 1 Development

Development drilling commences, facility construction under way; first oil in 2020 Production from three developments to exceed 500,000 barrels per day About 50 percent of in-country workforce is Guyanese IRVING, Texas--( BUSINESS WIRE )--The Liza Phase 1 development continues to rapidly progre ...

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Posted 1 year agoPress > ExxonMobilExxon Mobil CorporationExxon Mobil +4

Hess Acquires Interest in New Acreage Offshore Guyana

Hess Corporation (NYSE:HES) today announced that its subsidiary, Hess Guyana(Block B) Exploration Limited, had reached agreement with Esso Exploration and Production Guyana Limited (ExxonMobil) to acquire a 15 percent participating interest in the Kaieteur Block, offshore Guyana. The Cooperative Re ...

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Posted 2 years agoPress > HessHess CorporationOffshore +4

ECO Updates on 3D Processing of Orinduik Block in Guyana

Expanded Resource Targets Identified Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V: EOG), is pleased to provide an update on the processing and interpretation of its recently acquired 2,550 sq km of 3D seismic on the Company's Orinduik Block, offshore Guyana. As previously announced, Eco's pa ...

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Posted 2 years agoPress > Eco AtlanticEcoEco Atlantic Oil & Gas +7

Hess Announces Seventh Oil Discovery Offshore Guyana

Pacora-1 well encounters approximately 65 feet of high-quality, oil-bearing sandstone Pacora resources to be integrated into third phase of development; will help bring Guyana production to more than 500,000 barrels of oil per day Further drilling on the Stabroek Block planned in 2018 NE ...

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Posted 2 years agoPress > GuyanaDiscoveryOil +5