ExxonMobil SVP Cousins Comments on Recent Finds Offshore Guyana

(Energy Analytics Institute, 6.Jan.2022) — ExxonMobil Senior Vice President Michael G. Cousins commented on the company’s two most successful wells offshore Guyana in the Stabroek Block.

“With the latest discovery news out of Guyana, ExxonMobil has announced that two recently drilled wells in the Stabroek Block hit pay zones bearing a cumulative 479 feet of high-quality hydrocarbons. What really excites me about this accomplishment is the support it provides for our strategy to test deeper targets – an approach that will open up the possibility for further exploration of the block’s potential,” Cousins said 7 January 2022 in a post on LinkedIn.

RELATED STORY: ExxonMobil Finds More Oil at Two Wells in Guyana’s Stabroek Block

“While reservoir data is still being evaluated, these offshore discoveries will clearly add to the block’s resource estimate, which was increased to an impressive 10 billion oil-equivalent barrels following the Cataback discovery in October of last year. Upward of 3,200 Guyanese are now supporting the exploration, development and production activities (with more opportunities to come), and our continued investment in these activities is a key driver for building local capacity in the region.,” Cousins concluded.

RELATED STORY: ExxonMobil Reports ‘Safe’ Year for Guyana Operations

____________________

By Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.