ExxonMobil confirms 8th oil discovery offshore Guyana at the Longtail-1 well

ExxonMobil in a statement on Wednesday said it made its eighth oil discovery offshore Guyana at the Longtail-1 well, creating the potential for additional resource development in the southeast area of the Stabroek Block.

According to the US based oil giant, the Stena Carron drillship commenced drilling on May 25, 2018 and the Longtail-1 well was safely drilled to 18,057 feet (5,504 meters) depth in 6,365 feet (1,940 meters) of water, where they subsequently encountered approximately 256 feet (78 meters) of high-quality, oil-bearing sandstone reservoir.

“The Longtail discovery is in close proximity to the Turbot discovery southeast of the Liza field,” said Steve Greenlee, president of the ExxonMobil Exploration Company.