Guyana S Offshore Drilling Bonanza Is Just Getting Started
Exxon’s last oil discoveries offshore Guyana were with the Sailfin-1 and Yarrow-1 wells in the Stabroek Block. Sailfin-1 encountered 312 feet of hydrocarbon-bearing sandstone while Yarrow-1 found only 75 feet. This brings to the number of discoveries made by the Exxon-led consortium, where the largest energy is the operator with 45% with 30% controlled by Hess and the remaining 25% by CNOOC, in the Stabroek Block to 35 since 2015....