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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Exxon Mobil Corp | NYSE:XOM | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.24 | -0.21% | 116.00 | 116.07 | 114.13 | 116.04 | 28,043,329 | 01:00:00 |
From May 2019 to May 2024
By Chris Wack
Exxon Mobil Corp. (XOM) on Friday said it made another positive oil discovery off the coast of Guyana.
The Ranger-1 well, located about 60 miles northwest of the Liza phase one project, encountered about 230 feet of high-quality, oil-bearing reservoir, providing a new play concept for the 6.6-million acre Stabroek Block, Exxon said.
This find is Exxon's sixth oil discovery off Guyana's coast since 2015. Exxon's Esso Exploration & Production Guyana Ltd. affiliate began drilling the Ranger-1 well Nov. 5, 2017.
Esso Exploration operates the Stabroek Block and holds a 45% interest. Hess Corp.'s (HES) Hess Guyana Exploration Ltd. holds a 30% interest, while CNOOC Nexen Petroleum Guyana Ltd. holds the other 25%.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
January 05, 2018 10:18 ET (15:18 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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