ExxonMobil finds more oil in Payara reservoir off Guyana

Oil giant ExxonMobil has discovered additional oil in the Payara reservoir offshore Guyana, increasing the total Payara discovery to approximately 500 million oil-equivalent barrels. Payara-1 well was announced as ExxonMobil’s second oil discovery on the Stabroek Block off Guyana in early 2017. In order to test a deeper prospect underlying the Payara oil discovery, the Payara-2 well […]

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