A well off the coast of Guyana holds a find that, with as much as 1.4 billion barrels of reserves, is considered transformative, Exxon Mobil said Thursday. Steve Greenlee, president of the exploration division of Exxon, said a production test at the Liza-2 well in the Stabroek block off the coast of Guyana indicates the presence of between 800 million and 1.4 billion barrels of oil equivalent. The drill bit ran through more than 190 feet of oil-bearing material in a well drilled in waters about a mile deep. “This exploration success demonstrates the strength of our long-term investment approach, as well as our technology leadership in […]