These plans haven’t been affected by the interruption of the gathering of seismic data in the western part of the Liza-1 block following an incursion into Guyana’s waters by the Venezuelan Navy.
The drill site is approximately 111.4 nautical miles from the coast of Guyana and covers an area of one square kilometer.
According to advertisements in last week’s Sunday Stabroek, Exxon’s local subsidiary, Esso Exploration and Production Guyana Limited (EEPGL) is set to begin a three-month drilling operation on January 5th, 2019 at the Tilapia-1 well site within the Stabroek Block.
Tilapia-1 is located 3.4 miles (5.5 kilometers) west of the Longtail-1 well. Eleven vessels will be involved in this operation: Noble Tom Madden, M/V Cat Island, M/V Eland, M/V Oryx, Clarence Triche, Liam J Mc Call, Paradise Island, Sanibel Island, Horn Island, Robert Adams and Jack Edwards.
Meanwhile, on January 2nd, 2019, EEPGL will begin a three-month operation at the Haimara-1 well site. The Stena Carron is the drillship and it will also be supported by the same vessels being used for the Tilapia-1 well.
On December 3rd, ExxonMobil announced that it had made its 10th discovery offshore Guyana since May 2015 and increased its estimate of the discovered recoverable resource for the Stabroek Block to more than 5 billion oil-equivalent barrels. The 10th well was Pluma-1.
Exxon had said that the Pluma-1 well encountered approximately 121 feet (37 meters) of high-quality hydrocarbon-bearing sandstone reservoir. The Noble Tom Madden drillship began drilling on Nov. 1. The well is located approximately 17 miles (27 kilometers) south of the Turbot-1 well.
“Together with the government and people of Guyana, we are continuing to grow the value of the Stabroek Block for Guyana, our partners and ExxonMobil with successful exploration investments,” Steve Greenlee, president of ExxonMobil Exploration Company had said.
The Liza Phase 1 development is expected to begin producing up to 120,000 barrels oil per day by early 2020, utilizing the Liza Destiny floating storage, production and offloading vessel.
Comments
Who wants to bet that Venezuela will seek revenge against America by intercepting oil tankers leaving the oceans of Guyana via en-route to Texas, USA? I’d rather let President Granger be in power than some corrupt, racist political party from the USA owning our oil reserves.
Really what are you smoking – Exxon-Mobil is an American Company investing US Dollars in Guyana – you are either emotional or naive or both
But where are the US dollars going towards?
The GoG owes Exxon almost $1Billion US dollars for pre-oil costs.
You have to ask yourself why would Venezuela suddenly claim essequibo, when the current leadership’s party platform is that of neutrality?
Hugo Chavez used to give us plenty oil almost free of cost, but why would his political successor claim something that was dormant for decades?
The history between Venezuela and Exxon-Mobil is one of a long battle, and one has to be clueless to ignore the fact that Venezuela will seek retribution.
If it wasn’t for Exxon, Maduro would leave us alone.
Last week Venezuela went into Guyana ocean territory to chase away Exxon’s oil ships.
Everyone talks about how many billions of barrels of oil are in ocean floor. But how many question those estimates? How sure can you be? It may far less or far more.
The amount off shore may not be as high as they claim. When it comes to foreigners, can you trust them, especially Americans and Brits? I don’t!
https://www.ogj.com/articles/2018/09/estimates-raised-for-offshore-nl-resources.html
Estimates raised for offshore NL resources
HOUSTON, Sept. 7
09/07/2018
By OGJ editors
Assessed exploration and development potential offshore Newfoundland and Labrador has jumped with new resource estimates for parcels offered in a current license round.
New resource totals are 49.2 billion bbl of oil and 193.8 tcf of natural gas, reflecting increases of 11.7 billion bbl of oil and 60.2 tcf of gas.
The assessments come from the provincial government, provincially owned Nalcor Energy-Oil & Gas, and Beicip Franlab.
The license round will offer 16 parcels on offer in the Orphan and East Jeanne d’Arc basins.
In that round, covering the Eastern Newfoundland Region, the Canada-Newfoundland and Labrador Offshore Petroleum Board is accepting sealed bids until midday Nov. 7.
The resource increases come from recent geoscientific studies of nine of the parcels on offer.
Everyone finding oil these days, even in a remote island of 600,000 within Canada:
Offshore assessment shows N.L. ‘destined to be a global …
Results of a seismic study of 11 parcels of land up for bids in November show the potential for up to 12 billions barrels of oil, with a market value of up to $600 billion, Newfoundland and …
https://www.cbc.ca/news/canada/newfoundland-labrador/oil-gas-industry-offshore-assessment-1.3251740
But who doya think will choose to suck dry? A developed country like Canada with solid laws, higher wages and human rights, or this country where we are now at risk of fighting like dog and cat and working for quarter of the wages of our rival T&T?
I’m surprised that our neighbour Suriname hasn’t discovered new discoveries yet. Something to ponder…