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XOM Exxon Mobil Corp

116.3195
0.2895 (0.25%)
03 May 2024 - Closed
Delayed by 15 minutes
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
  0.2895 0.25% 116.3195 117.26 115.90 116.26 25,528,090 01:00:00

ExxonMobil Discovers Oil at Tripletail-1 on Stabroek Block

16/09/2019 1:48pm

Dow Jones News


Exxon Mobil (NYSE:XOM)
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By Dave Sebastian

 

ExxonMobil Corp. (XOM) on Monday said it has discovered oil on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area.

The company had previously announced more than 6 billion oil-equivalent barrels of recoverable resources on the Stabroek Block.

With Tripletail-1, the company gains access to about 108 feet of oil-bearing sandstone reservoir, drilled in 6,572 feet of water.

After completing its Tripletail-1 operations, the company said it will next drill the Uaru-1 well, about 5 miles east of the Liza field.

ExxonMobil said it will add a fourth drillship, the Noble Don Taylor, to its Guyana operations in October.

The company started its oil and gas exploration in Guyana in 2008.

 

Write to Dave Sebastian at dave.sebastian@wsj.com

 

(END) Dow Jones Newswires

September 16, 2019 08:33 ET (12:33 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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