ExxonMobil’s latest oil discovery offshore Guyana has de-risked the Tullow-operated Orinduik block, making Tullow almost ready to pick the location for the first well on this license.
ExxonMobil on Thursday announced a new oil discovery of 60 meters (197 feet) of net pay of high-quality, oil-bearing sandstone reservoir in the Hammerhead-1 well located in the Stabroek Block offshore Guyana.

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