Another find confirms Guyana’s oil deposits larger than envisaged
March 31, 2017. Kaieteur News
The Stena Carron drillship
Another discovery by United States (US) oil and gas giant – ExxonMobil, has confirmed that Guyana’s oil deposits are larger than what was previously envisaged by experts.
The Stena Carron drillship has moved back to the Liza area to drill the Liza-4 well. (File Photo)
The ExxonMobil Corporation, as promised, yesterday announced positive results on its sixth well – Snoek – located offshore Guyana, confirming a new discovery on the Stabroek Block. Drilling targeted similar aged reservoirs as encountered in previous discoveries at Liza and Payara. Continue reading
