ExxonMobil cheers 13th discovery offshore Guyana

April 22, 2019/in /by Rudolf Huber

It will take more than 10 years to fully develop those fields and then they will produce oil for many decades – way beyond 2050. Looks like EXXON does not believe in the end of oil. They are in good company as I believe that oil will still be in widespread use when my kids hit retirement.

To remind, ExxonMobil made its tenth discovery offshore Guyana last December with the Pluma-1 well and the next two in February at the Tilapia-1 and Haimara-1 wells.

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