ExxonMobil Guyana Limited’s Head, Alistair Routledge said today that his company’s exploration and appraisal programme for 2024 will involve two anchor hunting wells as those can help to further define Guyana’s gas resources.
During a press conference at his Kingstown office, he said, “Anchor hunting involves looking for those additional plays that may provide an anchor for a new development or standalone project and this will see the Red Mouth and Trumpet Fish wells being targetted.”
As for other wells in the queue, Routledge said part of this will focus on further defining the nation’s gas resources.
Routledge said Exxon intends to go further east on the Stabroek Block, where five wells, at minimum, will be drilled. He noted that the company has already unlocked 17 trillion standard cubic feet of gas across the block, but there are still some gaps to be filled on where the most gas resources are located for optimal development.
In the meantime, he said development wells are being drilled for the Yellowtail and Uaru projects, the fourth and fifth oil platforms for the Stabroek Block. They will each have a production capacity of approximately 250,000 gross barrels of oil per day. Exxon is currently working with the government to secure regulatory approvals for a sixth project at Whiptail.
In total, six ships with a gross production capacity of more than 1.3 million barrels of oil per day are expected to be online in the Stabroek Block by the end of 2027.
