ExxonMobil: Ninth Oil Discovery Offshore Guyana at Hammerhead-1 Well
30 Agosto 2018 - 9:03AM
Noticias Dow Jones
By Chris Wack
ExxonMobil (XOM) said Thursday that a ninth discovery offshore
Guyana at the Hammerhead-1 well has been made, marking the fifth
discovery on the Stabroek Block in the past year and proving a new
play concept for potential development.
The Irving, Texas-based energy company said Hammerhead-1
encountered about 197 feet of high-quality, oil-bearing sandstone
reservoir. The well was safely drilled to 13,862 feet depth in
3,373 feet of water.
"The Hammerhead-1 discovery reinforces the potential of the
Guyana basin, where ExxonMobil is already maximizing value for all
stakeholders through rapid phased developments and accelerated
exploration plans," said Steve Greenlee, president of ExxonMobil
Exploration Co. "Development options for Hammerhead will take into
account ongoing evaluation of reservoir data, including a well
test."
ExxonMobil affiliate Esso Exploration and Production Guyana
Limited is operator of the Stabroek Block and holds a 45% interest.
Hess Guyana Exploration Ltd. holds 30% interest, and CNOOC Nexen
Petroleum Guyana Limited holds a 25% interest.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
August 30, 2018 09:48 ET (13:48 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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