ExxonMobil to begin second round drilling next year

2

 

By Jomo Paul

President David Granger during his visit to the ExxonMobil's rig.
President David Granger during his visit to the ExxonMobil’s rig.

[www.inewsguyana.com] – US oil giants ExxonMobil is currently making preparations to commence the second round of (confirmation) drilling for oil in the Stabroek Block early next year.

This is according to ExxonMobil’s Country Manager Jeff Simon who told iNews that presently the company is sorting out contracts for the supply of infrastructure for the setting up of the exploration well.

“We are planning to start drilling next year. Early next year,” said Simon.

When asked for a specific date he stated “we have to do our contracting before we can give you an exact date but we are working on it.”

Reports on international media indicate that that ExxonMobil is pouring over engineering and design bids from floater contractors aiming to supply the US oil company with a floating production, storage and offloading vessel for the fast-track development of its groundbreaking, deep-water Liza project.

It is reported that at least five players are battling to land a contract to lease a “vessel of ¬opportunity” able to handle 60,000 barrels per day of crude or more, plus significant quantities of gas.

It is speculated in international media that oil production is being targeted as soon as 2018. ExxonMobil intends to drill at least four more wells on its 6.6-million acre Stabroek Block.

2 COMMENTS

  1. John Because you’re not a real Guyanese ,you won’t understand the way things are turning,Guyana will get an oil platform really soon .The President will make it happen,keep your eyes open,Guyana will BOOM in some years to come.We have no fear from our neibors or surrounding states

  2. ha will never happen good luck Exxon mobile…1966 treaty read it . you cannot select what you want and apply it to you case as it suit you . if the 1966 treaty is not up hold then Suriname has a strong case so good luck America .

LEAVE A REPLY

This site uses Akismet to reduce spam. Learn how your comment data is processed.