Energy education: ExxonMobil estimates that English Guiana has resources of an estimated 10 billion barrels of oil in the Stabroek block

in Education2 months ago

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The Stabroek block is an oil field located off the coast of Guyana, it is very important the estimation of oil reserves that this oil block may have, since in recent years this country has given much to talk about due to the amount of oil reserves that have been found there.

Due to the importance this has not only for Guyana but for the rest of the world, the company Exxon Mobil has carried out the respective studies in this block and has calculated an estimated 10,000 million barrels of oil as an estimated reserve for this oil field alone.

Are you interested in knowing what methodology Exxon Mobil used to make this estimate of oil reserves in the Stabroek block?

In order to make this estimate, it is necessary to carry out exploration activities, for which, among many factors, a well called Cataback-1 was drilled, which was found under previous studies of well profile interpretation and geology and reservoir studies, and it was found that there is a reservoir that is 74 meters thick.

The geological characteristics of such reservoir is that it has a stratigraphy formed by high quality sandstone to contain hydrocarbon, it is also important to mention the statements of the senior vice president of exploration and new companies of ExxonMobil, which stated:

"Our proprietary technologies, global exploration expertise and drilling capabilities continue to deliver positive results in the Stabroek block, which will generate additional value for Guyana."

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I certainly think that for the economic well being of Guyana, all the technology employed by the giant Exxon Mobil in the area of exploration and drilling of wells will allow a development to expand the production of oil and natural gas.

The technological capacity that Guyana has in the oil companies that are operating in this country will allow an optimized and precise estimation of its reserves.

It only remains to wait when all these fields that have a high potential can produce hydrocarbons according to the reserve estimates that are currently being obtained.

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Hi @carlos84.

Great content that you share with us, it is actually a large amount of reserve found in this oil field, and the activities implemented for its estimation are really extraordinary, supported by all the technological advances. Thank you for sharing such interesting content. Best regards.

Certainly my friend, as long as Exxon Mobil can very well apply the technology to make estimates for other oil fields.

Greetings and thanks for your comment.

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Thank you very much for your support, friends of edu-venezuela. Best regards.