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EXPLORATION

Exxon announces 13th Guyanese discovery 

EXXONMOBIL has reported its 13th Guyanese find with the Yellowtail-1 well hitting 89 metres of what it calls "high-quality oil bearing sandstone" at the end of last week. 

Helen Clark
Yellowtail-1 hits 90m oil bearing sandstone 

Yellowtail-1 hits 90m oil bearing sandstone 

It was drilled by the Noble Tom Madden to 5,622 metres in 1,843 metres of water.    The rig is now drilling the Hammerhead-2 well, the 14th in the field since the first oil find of 2015 at the Liza-1...

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