ExxonMobil (XOM) Increases Stabroek Resource Estimate to 5 Billion Barrels

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ExxonMobil Increases Stabroek Resource Estimate to 5 Billion Barrels; Makes 10th Discovery

December 3, 2018 8:00 AM EST

More than 5 billion recoverable oil-equivalent barrels discovered in less than four years Reinforces potential for at least five floating storage, production and offloading vessels producing more than 750,000 barrels of oil per day by 2025 Pluma-1 well represents 10th discovery

IRVING, Texas--(BUSINESS WIRE)-- ExxonMobil said today it made its 10th... More