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ExxonMobil finds more oil in Longtail area offshore Guyana

ExxonMobil and its partners have discovered oil with the Longtail-3 well on the Stabroek block offshore Guyana.

IRVING, Texas – ExxonMobil and its partners have discovered oil with the Longtail-3 well on the Stabroek block offshore Guyana.

The well intersected 230 ft (70 m) of net pay, including newly identified, good-quality hydrocarbon bearing reservoirs below the original Longtail-1 discovery intervals (256 ft/78 m of oil-bearing sandstone reservoir).

It was drilled 2 mi (3.5 km) south of Longtail-1 well by the drillship Stena DrillMAX in more than 6,100 ft (1,860 m) water depth.

Exxon69(Courtesy ExxonMobil)

“Longtail-3, combined with our recent discovery at Uaru-2, has the potential to increase our resource estimate within the Stabroek block, demonstrating… our high-potential development opportunities offshore Guyana,” said Mike Cousins, senior vice president of exploration and new ventures at ExxonMobil.

The next assignment for the Stena DrillMAX on the Stabroek block will be the Whiptail-1 exploratory well, while another drillship, the Noble Sam Croft, supports development drilling for Liza Phase 2.

Elsewhere in the block, the Mako-2 evaluation well confirmed the quality, thickness, and areal extent of the reservoir, ExxonMobil said. The results, combined with the previously announced Uaru-2 discovery, suggest potential for a fifth FPSO, located east of the Liza complex.

However, the Koebi-1 exploration appears to have found non-commercial hydrocarbons.

Guyana
From Wikipedia, the free encyclopedia

Not to be confused with the French overseas region of French Guiana. For other uses, see Guyana (disambiguation).

Coordinates: 5°00′N 58°45′W
Co-operative Republic of Guyana

Flag of Guyana
Flag
Coat of arms of Guyana
Coat of arms
Motto: “One People, One Nation, One Destiny”
Anthem: “Dear Land of Guyana, of Rivers and Plains”
Menu
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Location of Guyana (dark green) in South America (grey)
Location of Guyana (dark green)

in South America (grey)
Capital
and largest city
Georgetown
6°46′N 58°10′W
Official languages English
Recognised regional languages
10 indigenous languages
Vernacular language Guyanese Creole
Other languages
6 languages
Ethnic groups (2012)

39.8% Indian
29.3% African
19.9% Mixed
(including Dougla and Creole-Mulatto)
10.5% Indigenous Amerindian
0.5% Others
(including Chinese, Portuguese, other European)[1]

Religion

62.7% Christianity
24.8% Hinduism
6.8% Islam
3.1% None
2.6% Other[1]

Demonym(s) Guyanese
Government Unitary presidential constitutional republic[2]
• President
Irfaan Ali
• Prime Minister/First Vice President
Mark Phillips
• National Assembly Speaker
Manzoor Nadir
• Chief Justice
Roxane George-Wiltshire (acting)
• Opposition Leader
Joseph Harmon
Legislature National Assembly
Formation
• Dutch Guiana
1667–1814
• British Guiana
1814–1966
• Independence from the United Kingdom becoming Guyana
26 May 1966
• Republic
23 February 1970
• Current constitution
6 October 1980
Area
• Total
214,970 km2 (83,000 sq mi) (83rd)
• Water (%)
8.4
Population
• 2019 estimate
743,700[3] (164th)
• 2012 census
747,884[4]
• Density
3.502/km2 (9.1/sq mi) (232nd)
GDP (PPP) 2020 estimate
• Total
Increase $13.661 billion[5] (144th)
• Per capita
Increase $17,359[5] (72nd)
GDP (nominal) 2020 estimate
• Total
Increase $6.806 billion[5] (148th)
• Per capita
Increase $8,649[5] (68th)
HDI (2019) Increase 0.682[6]
medium · 122nd
Currency Guyanese dollar (GYD)
Time zone UTC-4 (AST)
Date format dd-mm-yyyy
Mains electricity 220 V–50 Hz
110 V–60 Hz
Driving side left
Calling code +592
ISO 3166 code GY
Internet TLD .gy

Guyana (pronounced /ɡaɪˈɑːnə/ or /ɡaɪˈænə/),[7][8] officially the Co‑operative Republic of Guyana,[9] is a country on the northern mainland of South America and the capital city is Georgetown. Guyana is bordered by the Atlantic Ocean to the north, Brazil to the south and southwest, Venezuela to the west, and Suriname to the east. With 215,000 square kilometres (83,000 sq mi), Guyana is the third-smallest sovereign state by area in mainland South America after Uruguay and Suriname; it is also the second-least populous sovereign state in South America after Suriname.