Guyana’s 11th and 12th oil finds among four global ‘high impact’ discoveries this year

—Oil Industry News

Guyana’s eleventh and twelfth oil finds announced by ExxonMobil in January are listed among the four “high impact discoveries of oil and gas” realized globally so far this year in an article published in the internationally authoritative journal, Oil Industry News, on Thursday February 14.

Just over two weeks ago, on Wednes-day, February 6, Guyana’s Director of Energy, Dr. Mark Bynoe, announced that ExxonMobil had made the two separate discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells in the southwest section of the Stabroek Block. In the wake of the two most recent finds offshore Guyana, the Oil and Gas Industry News, in its February 14 article, described the Stabroek Licence under which ExonMobil is drilling as “the gift that keeps on giving.”

The Tilapia-1 is the fourth discovery in the Turbot area that includes Turbot, Longtail and Pluma discoveries. In the process of its most recent finds, the Tilapia-1 “encountered approximately 305 feet (93 metres) of high-quality oil-bearing sandstone reservoir and was drilled to a depth of 18,786 feet (5,726 metres) in 5,850 feet (1,783 metres) of water.”….

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