Exxon Makes 16th Oil Discovery in Guyana | News Source Guyana

A huge congratulations to Guyana on the historic milestone of first oil! In less than five years, ExxonMobil Guyana has progressed operations from initial discovery to production, well ahead of the industry average for deepwater developments. This momentous occasion is the culmination of a shared vision and tremendous effort with our partners to reach this goal. We deeply value the trusted partnerships with our co-venturers, our contractors and the Co-operative Republic of Guyana, all of which m

ExxonMobil Guyana today announced its 24th oil discovery offshore Guyana, a major feat which has increased the country’s estimate of the discovered recoverable resource for the Stabroek Block to approximately 10 billion oil-equivalent barrels. This latest discovery has also positioned Guyana as the country with the third highest oil reserves in Latin America and the Caribbean Region. | Television Guyana Inc.