Exxon­Mo­bil Guyana Fri­day an­nounced a new oil dis­cov­ery at Bluefin in the Stabroek Block off­shore Guyana, mak­ing it the com­pa­ny’s first dis­cov­ery for 2024.

In a state­ment, Exxon said the Bluefin well en­coun­tered ap­prox­i­mate­ly 60 me­tres of hy­dro­car­bon-bear­ing sand­stone and was drilled by the Ste­na Drill­max drill­ship in 4,244 feet (1,294 me­tres) of wa­ter.

It said the Bluefin well is lo­cat­ed ap­prox­i­mate­ly 8.5 kilo­me­tres south­east of the Sail­fin-1 well, in the south­east­ern por­tion of the Stabroek block.

”Our ex­plo­ration pro­gram con­tin­ues to im­prove our un­der­stand­ing of the block’s po­ten­tial to dri­ve vi­able oil and gas de­vel­op­ment. This lat­est find re­in­forces that we have the peo­ple, skills and tech­nol­o­gy to safe­ly and re­spon­si­bly de­liv­er val­ue to Guyana from the coun­try’s re­sources,” said the pres­i­dent of Exxon­Mo­bil Guyana, Al­is­tair Rout­ledge.

The com­pa­ny said the Bluefin dis­cov­ery joins the more than 30 al­ready made on the Stabroek block since 2015.

GEORGE­TOWN, Guyana, Mar 15, CMC – 

CMC/gt/ir/2024