Exxon Makes 20th Significant Crude Discovery Off Guyana ...Middle East

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Exxon Makes 20th Significant Crude Discovery Off Guyana
ExxonMobil has made another oil discovery on the Stabroek Block offshore Guyana, its 20th significant crude discovery on the block, the U.S. supermajor and its partner on the block, Hess Corp, said on Thursday. The Pinktail well on the Stabroek Block found high-quality hydrocarbon-bearing sandstone reservoirs, Exxon said, adding that the latest discovery lies some 21.7 miles southeast of the Liza Phase 1 project, which began production in December 2019, and 3.7 miles southeast of the Yellowtail-1 discovery. The Pinktail discovery will add to the…

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