Hess Announces Sixth Oil Discovery Offshore Guyana
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Hess Announces Sixth Oil Discovery Offshore Guyana

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01.05.2018

Hess announced positive results from the Ranger-1 exploration well, which is the sixth significant oil discovery on the Stabroek Block, offshore Guyana, since 2015. The five previous world class discoveries on the block -- Liza, Payara, Snoek, Liza Deep and Turbot -- are now estimated to have total recoverable resources of more than 3.2 billion barrels of oil equivalent. Resources associated with the Ranger-1 discovery will be accretive to this estimate.

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