ExxonMobil Find Ups Reserves at Guyana's Prolific Stabroek Block

Journal of Petroleum Technology 

ExxonMobil will add to the previously announced gross discovered recoverable resource estimate for the block of around 9 billion BOE via a discovery with its Uaru-2 well. The probe encountered 120 ft of high-quality oil-bearing sandstone reservoir, including newly identified intervals below the original Uaru-1 discovery. The well was drilled in 5,659 ft of water and is located approximately 6.8 miles south of the Uaru-1 well. That well, drilled in January 2020, encountered 94 ft of oil-bearing sandstone. "The Uaru-2 discovery will add to the discovered recoverable resource estimate of approximately 9 billion barrels of oil equivalent," said John Hess, chief executive of Hess Corporation, a partner in Stabroek.

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