ExxonMobil reported positive test results from its Ranger-1 exploration well, its sixth oil discovery offshore Guyana since 2015. “This discovery proves a new play concept for the 6.6-million-acre Stabroek Block and adds further value to our growing Guyana portfolio,” said Steve Greenlee, ExxonMobil Exploration Company president. The company-operated well was drilled to 21,161 ft in 8,973 ft of water. Further exploration drilling on the block is planned for 2018, including potential appraisal of the Ranger discovery. ExxonMobil has a 45% interest in Stabroek, with Hess (30%) and CNOOC Nexen (25%) holding the remaining stakes.
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