EXPLORATION

Second Guyana duster for Exxon

EXXONMOBIL’S stunning run of luck offshore Guyana, where its Stabroek field's Liza development is already producing 120,000 barrels of oil per day, has hit another roadblock after well Hassa-1 came up dry. 

Liza oil platform

Liza oil platform

The US oiler and operator of the block said the well "did not encounter hydrocarbons in the primary target reservoirs". It now plans to integrate well data into its regional subsurface interpretation and...

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