HUGE ExxonMobil discovery adds to offshore Guyana oil

ExxonMobil made an oil discovery offshore Guyana at the Mako-1 well southeast of Liza field, marking the 15th discovery on Stabroek block. The discovery adds to previously announced estimated recoverable resources of more than 6 billion boe on Stabroek alone....

Tullow finds oil with first well offshore Guyana

LONDON – Tullow Oil has proven oil in the Orinduik license offshore Guyana, the country’s first commercial discovery outside the prolific Stabroek block. The drillship Stena Forth drilled the Jethro-1 exploration well in 1,350 m (4,265 ft) of water, to a TD of 4,400 m...