ExxonMobil finds more oil at Whiptail: ExxonMobil last Wednesday said it has made an oil discovery at Whiptail in the Stabroek Block offshore Guyana, its 21st major find here and adding to its nine billion barrels of recoverable resources. In a statement, Exxon said that the Whiptail-1 well encountered 246 feet (75 meters) of net pay in high quality oil bearing sandstone reservoirs. Drilling, it said, is also ongoing at the Whiptail-2 well, which has encountered 167 feet (51 meters) of net pay in high quality oil bearing sandstone reservoirs. Drilling continues at both wells to test deeper targets, and results will be assessed for future development, Exxon said. The Whiptail discovery is sited approximately 4 miles southeast of the Uaru-1 discovery that was announced in January 2020 and approximately 3 miles west of the Yellowtail field. Whiptail-1 is being drilled in 5,889 feet (1,795 meters) of water by the Stena DrillMAX. Whiptail-2, which is located 3 miles northeast of Whiptail-1, is currently being drilled in 6,217 feet (1,895 meters) of water by the Noble Don Taylor, Exxon said. “This discovery increases our confidence in the resource size and quality in the southeast area of the Stabroek Block and could form the basis for a future development as we continue to evaluate the best sequence of development opportunities within the block,” said Mike Cousins, senior vice president of exploration and new ventures at ExxonMobil. ExxonMobil says it envisions at least six oil extracting platforms online by 2027 and sees potential for up to 10 projects to develop its current recoverable resource base. The Liza Destiny floating production storage and offloading (FPSO) vessel is currently producing about 120,000 barrels of oil per day, the company said.