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Pluma-1 allows ExxonMobil to boost Stabroek resources

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ExxonMobil found oil in the Pluma-1 well offshore Guyana, its 10th offshore find in the country. The discovery prompted the company to boost estimated recoverable resources for the Stabroek block to more than 5 Bboe, up 25% from a previous estimate of 4 Bboe. The Pluma-1, located 17 miles south of the Turbot-1 well, encountered ~121 ft of high-quality hydrocarbon-bearing sandstone, the company said. The well was drilled to 16,447 ft in 3,340 ft of water. Noble Corp.’s Tom Madden drillship spudded......
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