ExxonMobil plans 35-well campaign at Stabroek

ExxonMobil applied to Guyana’s Environmental Protection Agency (EPA) for a 35-well drilling campaign in Stabroek block, about 200 km offshore Guyana.

Four prospect areas have been identified, but exact drilling locations are not yet finalized. Exploration wells will be drilled, but it is possible that some may be drilled as appraisals within proximity of previously drilled exploration areas.

Drilling is expected to begin third-quarter 2023, and if discoveries are made, well test(s) may be performed. Conclusion of the proposed campaign is expected by fourth-quarter 2028. The schedule is preliminary and could be influenced by new discoveries, determination of the need for sidetracks, and well tests—all of which could extend the drilling period for the project. The same factors could also influence locations and sequence of subsequent wells.

ExxonMobil affiliate Esso Exploration and Production Guyana Ltd. is operator with 45% interest. Partners are Hess Guyana Exploration Ltd. with 30% interest, and CNOOC Petroleum Guyana Ltd. with 25% interest.