Guyana Could Become One Of The Top Oil Producers In Latin America

08/10/17 •lweb.es/f3761 •bit.ly/2irvcrz

ExxonMobil has discovered more oil on the Stabroek block offshore Guyana, northeast Latin America, with the Turbot-1 well. Turbot is ExxonMobil’s latest discovery to date in the country, adding to previous discoveries at Liza, Payara, Snoek, and Liza Deep. Steve Greenlee, president of ExxonMobil Exploration Co., said on this that: “The results from this latest well further illustrate the tremendous potential we see from our exploration activities offshore Guyana.” Eventhough the country is not an oil producer at the moment Woodmac expects production to be around 350,000 to 400,000 barrels a day by 2026.