Guyana’s Stabroek Block developments sits above 600,000 barrels per day currently, surpassing projections set by ExxonMobil....Kimberly Giddings reports | 9newsbreak
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ExxonMobil on Tuesday announced three new discoveries of oil in the Stabroek Block offshore Guyana. And with these discoveries, Guyana’s recoverable oil resources has now increased to nearly 11 billion barrels of oil. | News Room
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7.5K views · 51 reactions | Despite the onset of COVID- 19 and the drop in global oil prices, an updated fiscal benchmarking study on Guyana has found that the Stabroek Block remains viable even with oil prices falling below US$40. The study looked at Guyana’s good price resilience and small fiscal deterrent along with possible future delays and the associated consequences | News Room | Facebook
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ExxonMobil Guyana is expected to drill and appraise at least seven wells in the offshore Stabroek Block this year but the company sees itself shifting towards determining what natural gas resources are available while venturing more into the block, west of the Essequibo River. This was revealed on Tuesday by ExxonMobil Guyana President, Alistair Routledge during a press conference. | News Room | Facebook
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