ExxonMobil Corporation yesterday announced it has discovered additional oil in the Payara reservoir offshore Guyana, increasing the total Payara discovery to approximately 500 million oil-equivalent barrels.
In a statement from its Irving, Texas-based headquarters, it says that these positive well results increase the estimated gross recoverable resource for the entire Stabroek Block to between 2.25 billion oil-equivalent barrels and 2.75 billion oil-equivalent barrels. The main find remains the Liza well.
