Tag Archives: Exxon-Mobil discovers more oil in offshore Guyana

Exxon-Mobil discovers more oil in offshore Guyana

Photo: ExxonMobil at work in the Liz-1 well in the Stabroek Block  exxon-well

— ExxonMobil announces positive results from Payara-1 well

Guyana Chronicle – January 13, 2017

EXXONMOBIL has announced positive results from its Payara-1 well offshore Guyana. Payara is ExxonMobil’s second oil discovery on the Stabroek Block and was drilled in a new reservoir. The Payara-1 well targeted similar aged reservoirs that were proven successful at the company’s Liza discovery.“This important discovery further establishes the area as a significant exploration province,” said Steve Greenlee, president of ExxonMobil Exploration Company.
“We look forward to working with the Government and our co-venturers to continue evaluating broader exploration potential on the block and the greater Liza area.”    Continue reading