ExxonMobil Recaps Events In Guyana, Mexico, And Brazil

(Energy Analytics Institute, Jared Yamin, 20.Dec.2018) — Irving, Texas-based ExxonMobil announced a recap of some of its most important activities during the year in the Latin America and Caribbean region, which included the following developments in Guyana, Mexico and Brazil:

— In Brazil, the company completed the purchase of interest in the BM-S-8 block offshore Brazil, which contains part of the more than 2-billion-barrel, pre-salt Carcara oil field. In addition, ExxonMobil expanded its deepwater portfolio in the country to approximately 2.3 million net acres.

— Five discoveries were announced in Guyana in 2018 – Ranger-1, Pacora-1, Longtail-1, Hammerhead-1 and Pluma-1 – where the company has discovered more than 5 billion oil-equivalent barrels of recoverable resource through 10 discoveries since 2015.

— ExxonMobil opened the first Mobil-branded service stations in Mexico.

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© Energy Analytics Institute (EAI)

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