American oil firm ExxonMobil is expected to sink one more exploratory well before drilling production wells at its Stabroek block offshore Guyana, Minister of Natural Resources Raphael Trotman says.
“As for now, Exxon is scheduled to drill one more exploratory well and to begin the process for the drilling of production wells at the Liza site,” the minister told Stabroek News recently, when asked how much wells the American firm plans for its current drilling programme.
Earlier this month, ExxonMobil announced that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class find with a recoverable deposit of between 800 million and 1.4 billion oil-equivalent barrels.
