Exxon signs contract for deepwater seismic off Trinidad and Tobago
Shearwater Geoservices announced on Thursday that Exxon Mobil had awarded them a contract for the acquisition of 3D seismic data over their large deepwater block off Trinidad and Tobago.
Exxon’s deepwater offshore Trinidad block is located northwards of the Stabroek Block in Guyana. This block has the fastest growing oil production in the world.
The survey is expected to start in the first quarter of 2026. It will cover a total area of?6,000 sq km. The survey is expected to last five months in water depths between 2,000 and 3,000 meters.
Exxon and Trinidad signed a production sharing contract in August of last year. The area was consolidated from seven blocks into one.
Exxon Vice-President of Global Exploration John Ardill stated that the company would use its knowledge of Caribbean?geology in order to replicate its success on the waters surrounding Guyana.
He also promised that Exxon will move faster in Trinidad due to the equipment already in place in Guyana and the existing energy infrastructure of Trinidad.
Exxon didn't immediately respond to a comment request.
Exxon, in conjunction with a consortium of other companies, has confirmed that there are more than 11 billion barrels worth of oil and gas under the waters of Guyana.
(source: Reuters)
