ExxonMobil Corp. says it plans additional exploration drilling on its Stabroek block offshore Guyana in 2018. The company’s affiliate, Esso Exploration & Production Guyana Ltd., encountered 230 ft of high-quality, oil-bearing reservoir with its Ranger-1 well about 60 miles northwest of the Liza discovery.
Ranger makes the sixth discovery on the block, and its potential resources add to a total of 3.2 billion boe from the operator’s previous five Stabroek block discoveries: Liza, Payara, Snoek, Liza Deep, and Turbot (OGJ Online, Oct. 5, 2017).
Ranger-1 was drilled to 21,161 ft in 8,973 ft of water. Following completion, the Stena Carron drillship will move to the Pacora prospect, about 4 miles from the Payara discovery. ExxonMobil has been active on the 6.6 million-acre Stabroek block since 2015 (OGJ Online, May 20, 2105). In June, the operator made an final investment decision for the first phase of development for its initial Liza discovery (OGJ Online, June 16, 2017).
Contact Tayvis Dunnahoe at [email protected].
