Guyana to see “major upgrade” to Stabroek Block’s 11-billionBOY,BOY,BOY....
Guyana to see “major upgrade” to Stabroek Block’s 11-billion-barrel resource count
"The country had opened the year with an announcement from ExxonMobil that oil was found at the Fangtooth-1 and Lau Lau-1 wells. Discoveries were also recorded at Barreleye-1, Patwa-1 and Lukanani-1 in April, 2022. This trend continued for Seabob and Kiru-Kiru as announced in July. In October, Exxon also announced discoveries at the Sailfin-1 and Yarrow-1 wells."
"With four sanctioned projects carrying a breakeven range of US$25-US$35 a barrel, the CEO said the partners are in a league of their own as they sit on a growing piece of real estate in Guyana. “It is one of the best the industry has seen this decade. We have seen fantastic exploratory results and there is
potential for doubling those finds,” Hess said."
https://oilnow.gy/featured/guyana-to-see-major-upgrade-to-stabroek-blocks-11-billion-barrel-resource-count-hess-ceo/