Following its two most recent finds, ExxonMobil yesterday revised its estimated gross recoverable resource from the Stabroek Block to approximately 5.5 billion oil-equivalent barrels.
On December 3rd, when the company announced its tenth find, it had increased its estimate for the Stabroek Block to more than 5 billion oil-equivalent barrels.
“ExxonMobil has announced an increase to the estimated gross recoverable resource from the Stabroek Block offshore Guyana to approximately 5.5 billion oil-equivalent barrels. This estimated resource update includes the recent Tilapia-1 and Haimara-1 discoveries,” Deedra Moe, Senior Director, Public and Government Affairs, said in a company statement.