Estimated resources at the ExxonMobil-led offshore Stabroek block in Guyana have been raised to roughly 9 billion boe, up from more than 8 billion boe earlier this year, thanks to recent discoveries at the prolific South American asset, 30% block partner Hess said Oct. 28. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Moreover, the Stabroek partners, which also include China’s CNOOC, now see the potential of up to 10 floating production, storage and offloading facilities to develop the block’s discovered recoverable resources, Hess’ CEO John Hess said in webcast remarks during the company’s third-quarter conference call. The rising resource base demonstrates the vast potential of the deepwater block, which began its first phase of production from […]