ExxonMobil announces oil discovery offshore Guyana at Tripletail

IRVING, Texas – ExxonMobil said today it made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. The discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent barrels on the Stabroek Block.   ExxonMobil announces oil discovery offshore Guyana at Tripletail […]

ANOTHER BIG DISCOVERY OFF GUYANA

August 12, 2019 On Monday 12 August, Tullow Oil announced it has made a “significant and high-value oil discovery” off the coast of Guyana. Commenting on the announcement, Rystad Energy exploration analyst Palzor Shenga said: “After dominating the list of major offshore discoveries in 2018, Guyana has extended its winning streak. With multiple prospects identified, […]

ALL EYES ON THE CARIBBEAN AS REPLACEMENT RATIO DIPS TO THE LOWEST IN DECADES

Oil and gas companies have discovered 7.7 billion barrels of oil equivalent (boe) year-to-date, according to Rystad Energy’s latest global discoveries report. “The industry is well on track to repeat the feat achieved in 2018, when around 10 billion boe of recoverable resources were discovered,” says Palzor Shenga, senior analyst on Rystad Energy’s upstream team.  […]