Tuesday, September 18, 2018

Tullow Oil Plans to Drill First Guyana Well in 3Q of 2019

Posted by September 5, 2018

Photo: Tullow Oil

Tullow Oil plans to drill its first well in the much-watched Guyana offshore basin in the third quarter of next year in its Orinduik licence bordering discoveries by Exxon, a spokesman said on Wednesday.

Exxon and U.S. partner Hess Corp said that more than 4 billion barrels of oil equivalent could be recovered from the Stabroek block off Guyana, which is part of one of the world's biggest oil discoveries in the past decade.

Reporting by Shadia Nasralla

Related News