The Uaru discovery was announced in January 2020. Uaru is ExxonMobil’s 16th oil discovery in the Stabroek Block. The Uaru-1 well was drilled in a new reservoir, encountering approximately 94 feet (29 meters) of high-quality oil-bearing sandstone reservoir and was drilled in 6,342 feet (1...
to be named Jaguar, is under construction. Three FPSOs – the Liza Destiny, Liza Unity and Prosperity – are currently operating offshore Guyana and are safely producing more than 600,000 barrels of oil per day. Construction is underway on FPSOs for the Yellowtail and Uaru projects, with Ye...
TechnipFMC (NYSE: FTI) has been awarded a large1 contract by ExxonMobil Corporation (NYSE: XOM) affiliate, Esso Exploration and Production Guyana Limited, to supply the subsea production system for the Uaru project. TechnipFMC will provide project management, engineering...
“The Uaru-2 discovery enhances our work to optimally sequence development opportunities in the Stabroek Block,” said Mike Cousins, senior vice president of exploration and new ventures at ExxonMobil. “Progressing our industry-leading investments and well-executed exploration plans are vital in order...
The development projects being looked at are theRedtail,Yellowtail,Mako, andUaru. Exxon said it planned to have five drillships operating offshore Guyana by the end of this year. The Stabroek Block is 6.6 million acres (26,800 square kilometers) with current discovered recoverable resources est...
This low price resiliency also applies to our deepwater developments in Guyana and Brazil. In Guyana’s Stabroek block, we’ve added three new discoveries since the first quarter, including the Whiptail discovery announced this week. The Uaru-2 well encountered 120 feet of high quality oil-bear...
In April 2021,ExxonMobil made an oil discovery at the Uaru-2 well, also located on the Stabroek Block. The 26,800km² Stabroek Block is operated by ExxonMobil affiliate Esso Exploration and Production Guyana with 45% interest. Other partners include Hess Guyana Exploration with a 30% inter...
ExxonMobil made an additional discovery offshore Guyana at the Uaru well during the first quarter, marking its 16th discovery on the Stabroek Block and adding to the previously announced estimated recoverable resource in Guyana of more than 8 billion oil-equivalent barrels. Production from the Liza...
IRVING, Texas – ExxonMobil made a final investment decision for the Uaru development offshore Guyana after receiving required government and regulatory approvals. The company expects Uaru, the fifth project on Guyana’s offshore Stabroek block, to add approximately 250,000 barrels of daily capacity...
Significant new oil discovery located southeast of Uaru and west of Yellowtail Could form the basis for a future development in the Stabroek Block Adds to the previous recoverable resource estimate of approximately 9 billion oil equivalent barrels ...