US supermajor ExxonMobil continues to press forward with wildcatting activities offshore Guyana, as it searches for more hydrocarbons by targeting a pair of new prospects in the prolific Stabroek block.
The company is undertaking an ambitious drilling drive in Guyana, where it has found more than 10 billion barrels of oil equivalent in recoverable resources to date.
ExxonMobil is drilling the Fangtooth-1 probe with the Stena Drilling drillship Stena DrillMax, according to updated information published by Guyana’s Maritime Administration Department.
Described by project partner Hess as a “step out” well, Fangtooth-1 will test the prospectivity of deeper reservoirs at Lower Campanian and Upper Santonian aged reservoirs some 14 kilometres north-west of the giant Liza field.
ExxonMobil also recently started drilling the Lau Lau-1 exploration well in the Stabroek tract, using the Noble Corporation drillship Noble Sam Croft.
In addition, the US giant is also carrying out appraisal drilling work on its prized block, with the drilling of the Tripletail-2 and Turbot-2 wells.
These probes are being drilled by drillships Noble Don Taylor and Stena Carron, respectively.
Currently, the Dallas-based company is producing approximately 120,000 barrels per day of oil from the Liza oilfield via the Liza Destiny floating production, storage and offloading vessel.
A second floater, the Liza Unity FPSO, is already in Guyanese waters and is earmarked to produce first oil for ExxonMobil early next year.
The Prosperity FPSO will be the third unit to enter operation in Guyana.
This vessel is presently under construction in Asia and is set to produce hydrocarbons from the Payara development in 2024.
Last month, meanwhile, ExxonMobil awarded Netherlands-based floater specialist SBM Offshore a fresh contract to supply its fourth Guyana FPSO, this time for the Yellowtail project.