ExxonMobil Discovers Oil at Tripletail-1 on Stabroek Block
September 16 2019 - 8:48AM
Dow Jones News
By Dave Sebastian
ExxonMobil Corp. (XOM) on Monday said it has discovered oil on
the Stabroek Block offshore Guyana at the Tripletail-1 well in the
Turbot area.
The company had previously announced more than 6 billion
oil-equivalent barrels of recoverable resources on the Stabroek
Block.
With Tripletail-1, the company gains access to about 108 feet of
oil-bearing sandstone reservoir, drilled in 6,572 feet of
water.
After completing its Tripletail-1 operations, the company said
it will next drill the Uaru-1 well, about 5 miles east of the Liza
field.
ExxonMobil said it will add a fourth drillship, the Noble Don
Taylor, to its Guyana operations in October.
The company started its oil and gas exploration in Guyana in
2008.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
September 16, 2019 08:33 ET (12:33 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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