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ExxonMobil increases Guyana resource estimate by further 25%

Another 1Bbbl added to recoverable resources taking total to 5Bbbl

paul hunt
ExxonMobil carrying out seismic in Guyana. Image obtained: ExxonMobil gallery

ExxonMobil carrying out seismic in Guyana. Image obtained: ExxonMobil gallery

  The previous estimate was more than four billion barrels, which itself was a 25% increase announced in late July.    This upgrade includes a 10th discovery at the deepwater Pluma-1 well which spudded...

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