ExxonMobil yesterday announc-ed oil discoveries at the Sailfin-1 and Yarrow-1 wells in the Stabroek block offshore Guyana.
In a statement, the company said it has made more than 30 discoveries on the block since 2015, and it has ramped up offshore development and production at a pace that far exceeds the industry average.
“Our unrivaled exploration success and accelerated pace of development in Guyana are a testament to our people, decades of experience, technology capabilities and steadfast focus on optimizing all aspects of operations,” said Liam Mallon, president of ExxonMobil Upstream Company.