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Exxon keeps drilling, Guyana keeps giving

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U.S. oil major ExxonMobil on Thursday announced it made a fifth new oil discovery after drilling the Turbot-1 well offshore Guyana.

Turbot adds to Exxon’s  previous discoveries at Liza, Payara, Snoek and Liza Deep wells in the Stabroek Block.

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 said.

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