ExxonMobil Announces New Discovery Offshore Guyana
ExxonMobil announced a new discovery today at the Stabroek Block offshore Guyana.
The “Longtail-3” well was drilled by the Stena DrillMAX drillship in water of more than 6,100 feet deep. The company said drilling encountered 230 feet (70 meters) of net pay, including newly identified and high-quality hydrocarbon bearing reservoirs below the original “Longtail-1” discovery, located about two miles to the north.
Stena DrillMAX is one of two drillships ExxonMobil added to the area in the first quarter of 2021 (the other being the Noble Sam Croft), bringing its total to six drillships now operating in Guyana in support of the company’s 15-well campaign at the Stabroek block.
Guyana: ExxonMobil announces new discovery at Longtail-3 offshore Guyana
09 Jun 2021
Longtail-3 in the
Stabroek Block offshore Guyana. Drilling at Longtail-3 encountered 230 feet (70 meters) of net pay, including newly identified, high quality hydrocarbon bearing reservoirs below the original Longtail-1 discovery intervals. The well is located approx. two miles (3.5 kms) south of the
Longtail-1 well. It was drilled in more than 6,100 feet (1860 meters) of water by the Stena DrillMAX.
Two drillships added in first quarter 2021; six drillships now operating offshore Guyana
Additional drilling activity to support Stabroek development
More than 2,600 Guyanese supporting overall activities Longtail-3, combined with our recent discovery at Uaru-2, has the potential to increase our resource estimate within the Stabroek block, demonstrating further growth of this world-class resource and our high-potential development opportunities offshore Guyana, said Mike Cousins, senior vice
Noble Corporation Reports First Quarter 2021 Results
- Successfully completed balance sheet restructuring on February 5, 2021
- Announced acquisition of Pacific Drilling in March and closed on April 15, 2021
- Revenue backlog of $1.5 billion as of March 31, 2021
News provided by
Share this article
Share this article
SUGAR LAND, Texas, May 4, 2021 /PRNewswire/ Noble Corporation ( Noble or the Company ) today reported first quarter 2021 results.
Successor
Dec 31,
(0.36)
(0.54)
release and can be found at www.noblecorp.com.
Robert W. Eifler, President and Chief Executive Officer of Noble Corporation, stated, We are pleased with our first quarter results and the accomplishment of a number of important strategic objectives in the first part of 2021. In early February we completed our financial restructuring transactions and emerged with a much stronger financial foundation. In March we announced the acquisition of Pacific Drilling and expeditiously closed the tra
ExxonMobil discovery at Uaru-2 offshore Guyana; block recoverable resource estimate upped to 9B barrels oil-equivalent
ExxonMobil announced an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana (earlier post). Uaru-2 will add to the previously announced gross discovered recoverable resource estimate for the block, which is currently estimated to be approximately 9 billion oil-equivalent barrels.
Drilling at Uaru-2 encountered approximately 120 feet (36.7 meters) of high-quality oil-bearing reservoirs including newly identified intervals below the original Uaru-1 discovery. The well was drilled in 5,659 feet (1,725 meters) of water and is located approximately 6.8 miles (11 kilometers) south of the Uaru-1 well.
Source: ExxonMobil
In January 2020, ExxonMobil announced that Uaru-1 was the 16