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ExxonMobil Made an Oil Discovery On the Guyana On the Tripletail-1 Well

ExxonMobil made an oil exploration on the Stabroek Block offshore Guyana on the Tripletail-1 well within the Turbot area. The discovery provides to the previously introduced estimated recoverable resource of greater than 6 Bboe on the Stabroek Block.

Tripletail-1 encountered roughly 108 feet of a high-quality oil-bearing sandstone reservoir. Tripletail-1, drilled in 6,572 feet of water, is positioned approximately 3 miles northeast of the Longtail discovery. After completion of operations at Tripletail, the Noble Tom Madden drillship will subsequent drill the Uaru-1 well, located roughly 6 miles east of the Liza field.

Exploration and development activities are moving ahead elsewhere on the Stabroek Block offshore Guyana. The Stena Carron drillship is at the moment drilling the Ranger-2 effectively and upon completion will conduct a nicely test at Yellowtail-1. The Noble Bob Douglas drillship is currently completing development drilling operations for the Liza Phase 1 challenge. ExxonMobil will add a fourth drillship, the Noble Don Taylor, in October 2019 as we proceed to optimize our drilling plans based on well results and ongoing study of the basin.

The Liza Phase 1 growth stays on schedule to start up by early 2020 and can produce as much as 120,000 bopd using the Liza Destiny floating production storage and offloading (FPSO), which arrived in Guyana on August 29, 2019.

ExxonMobil authorized funding for the Liza Section 2 growth after it received government and regulatory approvals in May 2019. Anticipated to startup by mid-2022, the venture plans to make use of the Liza Unity FPSO to provide as much as 220,000 bopd. Pending government approvals, a third growth, Payara startup could be as early as 2023, and manufacturing would attain an estimated 220,000 bopd.


Heather Freeman

Heather leads the Crude Oil Column. Her team comprises of four associates, along with them, Heather takes care of the stories written under the column. She has a vast knowledge of oil refiners across the globe, machinery used, current trade developments, the US’ alliance with oil-rich countries, and a lot. Heather is a Finance degree holder from New York University.

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