Oil Exploration Exxon Mobil’s Fifth Oil Discovery at Offshore Guyana
The company’s latest breakthrough is the Turbot-1 well which has a reservoir of 75 feet of high-quality, oil-bearing sandstone. Another well is being planned for 2018.
Irving, Texas/USA — Exxon Mobil has recently announced that it has made a fifth new oil discovery after drilling the Turbot-1 well offshore Guyana. Turbot is Exxon Mobil’s latest discovery to date in the country, adding to previous discoveries at Liza, Payara, Snoek and Liza Deep. Following completion of the Turbot-1 well, the stena carron drillship will move to the ranger prospect. An additional well on the Turbot discovery is being planned for 2018.
Exxon Mobil affiliate Esso Exploration and Production Guyana began drilling the Turbot-1 well on August 14, 2017 and encountered a reservoir of 75 feet (23 meters) of high-quality, oil-bearing sandstone in the primary objective. The well was safely drilled to 18,445 feet (5,622 meters) in 5,912 feet (1,802 meters) of water on September 29, 2017. The Turbot-1 well is located in the southeastern portion of the Stabroek Block, approximately 30 miles (50 kilometers) to the southeast of the Liza phase one project.