Stabroek


All posts for Stabroek

In South America ExxonMobil’s Success in Guyana is Taking the Guyana-Suriname Basin to be Second Only to Pre-Salt Brazil, Says GlobalData

Following the recent Hammerhead-1 discovery by ExxonMobil in their Stabroek block in Guyana. Adrian Lara, Senior Oil and Gas Analyst at GlobalData , a leading data and analytics company, offers his view on the impact on the upstream sector: “The 6.6 million acres Stabroek block is extrem ...

OilVoice Press - OilVoice


Posted 18 days agoOpinion > South AmericaExxon MobilExxon Mobil Corporation +11

Eco Atlantic Comments on Exxon's Ninth Major Discovery in Guyana - Hammerhead-1

From Guyana today, on ExxonMobil Corporation ("Exxon")'s Stabroek Block, Exxon and Hess Corporation have announced a new oil discovery of 60 metres (197 feet) of net pay of high-quality, oil-bearing sandstone reservoir in the Hammerhead-1 well.  Exxon's Hammerhead-1 oil discovery is located approxi ...

OilVoice Press - OilVoice


Posted 21 days agoPress > ExxonExxonMobilExxon Mobil Corporation +7

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-- ...

OilVoice Press - OilVoice


Posted 2 months 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 ...

OilVoice Press - OilVoice


Posted 2 months agoPress > ExxonMobilExxon MobilExxon Mobil Corporation +6

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 ...

OilVoice Press - OilVoice


Posted 6 months agoPress > GuyanaDiscoveryOil +5

Oil Rush in Guyana

Traces of petroleum have been recorded in Guyana since the 1750s, back when Dutch explorers were mapping the country. Wells drilled in 1916 produced some natural gas that powered local utilities for several decades, while Shell and the California Oil Company made exploratory drills in the 1950s and ...

Easwaran Kanason


Posted 7 months agoOpinion > GuyanaExxonStabroek +1

Oil Rush in Guyana

Traces of petroleum have been recorded in Guyana since the 1750s, back when Dutch explorers were mapping the country. Wells drilled in 1916 produced some natural gas that powered local utilities for several decades, while Shell and the California Oil Company made exploratory drills in the 1950s and ...

Easwaran Kanason


Posted 8 months agoOpinion > GuyanaExxonStabroek