ExxonMobil has discovered oil on the Stabroek Block located offshore Guyana at the Tripletail-1 well in the Turbot area.
The latest discovery adds to the estimated recoverable resource of more than six billion oil-equivalent barrels announced earlier on the Stabroek Block.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Drilled in 6,572ft of water, the well Tripletail-1 encountered 108ft of a high-quality oil-bearing sandstone reservoir. It is located approximately 5km north-east of the Longtail discovery.
When the drilling is complete, the Noble Tom Madden drillship will move to drill the Uaru-1 well located 10km east of the Liza field.
ExxonMobil Exploration and New Ventures senior vice-president Mike Cousins said: “Together with our partners, ExxonMobil is deploying industry-leading capabilities to identify projects that can be developed efficiently and in a cost-effective way.”
The company noted that exploration and development activities are moving forward elsewhere on the Stabroek Block.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe Stena Carron drillship is currently drilling the Ranger-2 well and will carry out a well test at Yellowtail-1 upon completion.
The Noble Bob Douglas drillship is in the process of completing drilling operations for the Liza Phase 1 project.
Next month, ExxonMobil plans to add a fourth drillship, the Noble Don Taylor, as it continues to optimise its drilling plans.
ExxonMobil affiliate Esso Exploration and Production Guyana operates the 26,800km² Stabroek Block with a 45% interest.
Hess Guyana Exploration owns a 30% interest and the remaining 25% is held by CNOOC Petroleum Guyana, a wholly owned subsidiary of CNOOC.
In February, ExxonMobil made two discoveries at the Tilapia-1 and Haimara-1 wells in the Stabroek Block.
The discoveries bring the total number of discoveries on the block to 12.
