ExxonMobil announces new oil discovery offshore Guyana

ExxonMobil reports that its Snoek well offshore Guyana has confirmed a new discovery on the Stabroek block. The well targeted similar aged reservoirs as encountered in previous discoveries at Liza and Payara. Following completion of the Snoek well, the Stena Carron drillship has moved back to the Liza area to drill the Liza-4 well.

 Esso Exploration and Production Guyana is operator of the Stabroek block, holding a 45% stake. Hess Guyana Exploration holds a 30% interest and CNOOC Nexen Petroleum Guyana 25%.