ExxonMobil makes Uaru-2 discovery off Guyana, boosting estimates beyond 9 billion barrels

  • Date: 27-Apr-2021
  • Source: Energy Voice
  • Sector:Oil & Gas
  • Country:Gulf
  • Who else needs to know?

ExxonMobil makes Uaru-2 discovery off Guyana, boosting estimates beyond 9 billion barrels

ExxonMobil has announced a discovery at the Uaru-2 well off Guyana, taking resources in the region beyond the already massive estimate of nine billion barrels.

The discovery, in the prolific Stabroek block, means there's now potential for as many as 10 FPSO vessels to be operating off Guyana, ExxonMobil said.

Drilling at Uaru-2 encountered 120feet of high quality oil-bearing reservoirs  and lies nearly 7miles south of Uaru-1 drilled last year, which was its 16th discovery in the country at the time.