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Page added on April 21, 2019

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Exxon Mobil makes new oil discovery offshore Guyana

Geology

Exxon Mobil Corp said on Thursday the U.S. oil major along with its partners have made an oil discovery offshore Guyana, which adds to the previously estimated 5.5 billion barrels of oil-equivalent.

The discovery was in the Turbot area of Stabroek Block, which is expected to become a major development hub, Exxon said.

This is the thirteenth discovery on the block, which is part of one of the biggest oil discoveries in the world in the last decade.

Hess Corp and China National Offshore Oil Corporation are part of the consortium.

Reuters



3 Comments on "Exxon Mobil makes new oil discovery offshore Guyana"

  1. Mark Ziegler on Sun, 21st Apr 2019 12:51 pm 

    5.5 billion barrels of oil is 55 days worth of oil for the world. Not that big of find in which is part of one of the biggest oil discoveries in the world in the last decade.

  2. Go Speed Racer on Sun, 21st Apr 2019 2:40 pm 

    Yeeee hawww.
    This discovery means I got enough to
    change the oil in my 1978 Ford LTD
    Royal Brougham, with the 460 cubic inch
    V-8 and the deluxe courtesy light package,
    and the 8-track and the tilt-wheel and
    the moonroof.

    AND will be enough gasoline to fill ‘er up
    at least a couple more times!

    and go an get a cheeseburger an fries at
    the Drive-In !

    AND will even be enough to fill up the
    riding lawn mower, and mow the back 2 acres!

    Makin America Great Again! (with Guyana
    oil reservoir).

  3. Gaia on Wed, 24th Apr 2019 12:49 pm 

    Guyana should keep the oil. ExxonMobil and other foreign oil companies do not own Guyana’s oil (land-based or offshore).

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