(Energy Analytics Institute, Jared Yamin, 27.Oct.2018) â Chinaâs CNOOC Limited announced that success in Guyana has laid the foundation for future development. âSuccessful drilling of Longtail Structure and Hammerhead Structure at the Stabroek block in Guyana further enhanced the asset value and laid a high-quality resource foundation for future development,â […]
Tag: Longtail
ExxonMobil Adds Ninth Discovery Offshore Guyana
(ExxonMobil, 30.Aug.2018) â Irving, Texas-based ExxonMobil has made its ninth discovery offshore Guyana at the Hammerhead-1 well, marking its fifth discovery on the Stabroek Block in the past year and proving a new play concept for potential development. Hammerhead-1 encountered approximately 197 feet (60 meters) of high-quality, oil-bearing sandstone reservoir. […]
Kosmos to Spud Pontoenoe Prospect Offshore Suriname
(Energy Analytics Institute, Ian Silverman, 10.Aug.2018 â Kosmos Energy Ltd. expects to commence drilling operations on the Pontoenoe-1 well in mid-August. Pontoenoe is the first of up to three independent prospects in Block 42 offshore Suriname and is a similar play type to the Turbot and Longtail discoveries located approximately […]
Guyanaâs âAstonishingâ Future
(Trinidad Express, David Renwick, 31.Jul.2018) â The USâs leading oil company, ExxonMobil, continues to make discovery after discovery in its Stabroek block offshore Guyana, the latest being Longtail 1 â its eighth so far. The company says this âcreates the potential for additional resource development in the south east area […]
ExxonMobil Raises Stabroek Block to More Than 4 Bln Bbls
(ExxonMobil, 23.Jul.2018 ) â ExxonMobil has increased its estimate of the discovered recoverable resources for the Stabroek Block offshore Guyana to more than 4 billion oil-equivalent barrels and has advanced its evaluation to support a third phase of development and consideration of two additional phases. The increase follows completion of […]
Offshore Guyana Oil and Gas Potential is “Massive”
(UPI, Daniel J. Graeber, 23.Jul.2018) â The size of a reservoir off the coast of Guyana is “massive,” the CEO of Hess Corp. said Monday after a multi-million barrel revision to reserve estimates. Hess and Exxon Mobil on Monday revised the estimate of recoverable reserves at the Stabroek block off […]