With trends on par with the Permian shale basin in the United States, Guyana is big enough to be transformative even for the supermajors, analysis found. Exxon Mobil Corp. and partner Hess Corp. announced their eighth oil discovery off the coast of Guyana earlier this week . Steve Greenlee, the president of Exxon’s exploration company, said the discovery, dubbed Longtail, was made close to other discoveries near the giant Liza field. By his estimates, those discoveries near Liza hold an estimated 500 million barrels of oil equivalent. Analysis sent from consultant group Wood Mackenzie to UPI in response to questions found reservoirs offshore Guyana are transformative, even for a company like Exxon Mobil. “The scale, very competitive breakevens of approximately $35 […]