ExxonMobil has announced a discovery at its Pink-tail well in the Stabroek Block, offshore Guyana, adding to the previous recoverable resource estimate of approximately 9 billion oil equivalent barrels.
“The Pinktail well encountered 220 feet (67 meters) of net pay in high quality hydrocarbon bearing sandstone reservoirs,” the company said in a statement issued on Thursday morning.
Exxon also announced that in addition to the successful appraisal of the Turbot discovery, the Turbot-2 well encountered 43 feet (13 meters) of net pay in a newly identified, high quality hydrocarbon bearing sandstone reservoir separate from the 75 feet (23 meters) of high quality, oil bearing sandstone reservoir pay encountered in the original Turbot-1 discovery well. It explained that this follows the additional pay in deeper reservoirs encountered at the previously announced Whiptail discovery.
