- Tripletail-1 well is located in Turbot area on the Stabroek Block
- Fourth drillship to begin
Guyanaoperations in October
Tripletail-1, drilled in 6,572 feet (2,003 meters) of water, is located approximately 3 miles (5 kilometers) northeast of the Longtail discovery. After completion of operations at Tripletail, the Noble Tom Madden drillship will next drill the Uaru-1 well, located approximately 6 miles (10 kilometers) east of the Liza Field.
“Tripletail is the 14th discovery on the Stabroek Block and further underpins the Turbot area as a major development hub,” said CEO
Exploration and development activities continue to advance elsewhere on the Stabroek Block. The Stena Carron drillship is currently drilling the Ranger-2 well and upon completion will conduct a well test at Yellowtail-1. The Noble Bob Douglas drillship is currently completing development drilling operations for the Liza Phase 1 project. The operator will add a fourth drillship, the Noble Don Taylor, in
Previously announced plans call for at least five floating production, storage and offloading (FPSO) vessels on the Stabroek Block, producing more than 750,000 barrels of oil per day by 2025. The Liza Phase 1 development is on track to start up by early 2020 and will produce up to 120,000 gross barrels of oil per day utilizing the Liza Destiny FPSO, which arrived in
The Liza Phase 2 development was sanctioned in
The Stabroek Block is 6.6 million acres (26,800 square kilometers).
This news release contains projections and other forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These projections and statements reflect the company’s current views with respect to future events and financial performance. No assurances can be given, however, that these events will occur or that these projections will be achieved, and actual results could differ materially from those projected as a result of certain risk factors. A discussion of these risk factors is included in the company’s periodic reports filed with the
We use certain terms in this release relating to resources other than proved reserves, such as unproved reserves or resources. Investors are urged to consider closely the disclosure relating to proved reserves in Hess’ Form 10-K, File No. 1-1204, available from