Significant new oil discovery located southeast of Uaru and west of Yellowtail
Could form the basis for future development in the Stabroek Block
Adds to the previous recoverable resource estimate of approximately 9 billion oil-equivalent barrels
More than 2,600 Guyanese supporting oil and gas activities in-country
ExxonMobil today announced another discovery at Whiptail in the Stabroek Block offshore Guyana. The Whiptail-1 well encountered 246 feet (75 meters) of net pay from high-quality oil-bearing sandstone reservoirs.
Drilling is also ongoing at the Whiptail-2 well, which has encountered 167 feet (51 meters) of net pay in high-quality oil-bearing sandstone reservoirs. Drilling continues at both wells to test deeper targets, and results will be evaluated for future development.
The Whiptail discovery is located approximately four miles southeast of the Uaru-1 discovery that was announced in January 2020 and approximately three miles west of the Yellowtail field.
Whiptail-1 is being drilled in 5,889 feet (1,795 meters) of water by the Stena DrillMAX. Whiptail-2, which is located 3 miles northeast of Whiptail-1, is currently being drilled in 6,217 feet (1,895 meters) of water by the Noble Don Taylor.
