Drilling begins in Bulletwood-1 well
-first well to be drilled in Canje block The Government of Guyana has welcomed the announcement by Westmount Energy that US oil major ExxonMobil has begun drilling in the Bulletwood-1 well in the Canje Block, offshore Guyana. Minister of Natural Resources Hon. Vickram Bharrat said the well was spudded by the Stena Carron drillship which started drilling […]
Exploration drilling continues at Koebi-1
(OilNow) The Stena Carron rig is resuming drilling operations at the Koebi-1 prospect in the prolific Stabroek Block offshore Guyana after an initial operation at the well site in March. The well is situated approximately 120.6 nautical miles (223.4 kilometers) from the coast and covers an area of 0.29 square nautical miles. The Stena Carron […]
Intended Exit from the Kaieteur Block – 28th September 2023
Intended Exit from the Kaieteur Block – 28th September 2023 The Government of Guyana (GoG), through the Ministry of Natural Resources (MNR), has been informed by ExxonMobil Guyana Limited (EMGL) and Hess Guyana (Block B) Exploration Limited (Hess) of their intent to withdraw from the Kaieteur Block. EMGL and Hess hold a 35% and 20% participating […]
Drilling of Kawa-1 well to commence before August 15
(Guyana Chronicle) DRILLING of the Kawa-1 well, the first well at the Corentyne Block offshore Guyana, is set to commence before August 15 and will cost close to US$85 million, CGX Energy Inc has said.The Kawa-1 well is located in the north-east quadrant of the Corentyne Block, approximately 200 km offshore Georgetown. The water-depth is approximately 355 […]
CGX Energy begins drilling operations at Kawa-
(OIlNow) CGX Energy Inc. has commenced drilling operations at the Kawa-1 prospect on the Corentyne block located approximately 90 nautical miles (167 kilometers) offshore Guyana. Kawa-1 is expected to be drilled to a depth of around 6,500 metres in water depth of approximately 370m. The drill site covers an area of 4.7 square nautical miles (16.25 […]
Exxon resumes exploration drilling at Canje Block, Repsol kicks off survey at Kanuku
(OIlNow) Exploration drilling in the Canje Block offshore Guyana continues at the Jabillo-1 prospect located approximately 261 kilometers offshore. The Stena Carron had initiated drilling operations at Jabillo-1 on March 14 as part of a three-well campaign planned this year on the acreage, operated by U.S. oil major, ExxonMobil. Drilling at Jabillo-1 was then paused, […]
Press Statement on 19th Offshore Oil Discovery within the Stabroek Block
On behalf of the Government of Guyana and as Minister of Natural Resources with responsibility for the Petroleum Sector, it gives me great pleasure to announce Guyana’s 19th Offshore Oil Discovery at the Uaru-2 well within the Stabroek Block offshore Guyana. The Uaru-2 discovery will add to the previously announced gross discovered recoverable resource estimate for the […]
Sixth drillship arrives in Guyana’s waters
–awaiting additional resources to commence drilling (Guyana Chronicle) GUYANA’S waters is now home to six drill ships, with the recent arrival of Noble Corporation’s Sam Croft, which will be servicing the operations of global oil giant, ExxonMobil, and its affiliates. The Guyana Chronicle was reliably informed that the vessel arrived recently in Guyana’s waters and […]
Liza Destiny Oil Production highlights gradual increase to higher outputs
The Government of Guyana through the Ministry of Natural Resources in keeping its commitment to all citizens wishes to highlight Guyana’s upward oil production trajectory since production began in December 2019 on the Liza Destiny. The Ministry of Natural Resources remains optimistic that the production average will be further increased for 2021 with at least […]
ExxonMobil to proceed with Payara development offshore Guyana
IRVING, Texas – ExxonMobil has made its final investment decision to proceed with the Payara field offshore development in Guyana after receiving government approvals. Payara is the third project in the Stabroek Block and is expected to produce up to 220,000 barrels of oil per day after startup in 2024, using the Prosperity floating production, […]