Tag Archives: GUYANA: ExxonMobil makes 18th oil discovery: Redtail Well Discovery Offshore

GUYANA: ExxonMobil makes 18th oil discovery: Redtail Well Discovery Offshore

ExxonMobil issued the following statement today:

ExxonMobil Announces Redtail Discovery Offshore Guyana

·         Oil discovery is 18th offshore Guyana; follows discovery at Yellowtail-2

·         Adds to previous estimate of more than 8 billion barrels of discovered recoverable resource

IRVING, Texas – ExxonMobil has made its 18th discovery offshore Guyana at the Redtail-1 well which will add to the previously announced estimated recoverable resource of more than 8 billion oil-equivalent barrels on the Stabroek Block.    Continue reading