ExxonMobil Guyana has announced a new discovery at Bluefin in the Stabroek block, located offshore Guyana, marking the company’s first discovery of 2024 and adds to the more than 30 discoveries already made on the Stabroek block since 2015.

The Bluefin well, drilled by the Stena Drillmax drillship, encountered approximately 197 feet (60 meters) of hydrocarbon-bearing sandstone in 4,244 feet (1,294 metres) of water.

This discovery is located approximately 8.5 kilometers southeast of the Sailfin-1 well in the southeastern portion of the Stabroek block.

“Our exploration program continues to improve our understanding of the block’s potential to drive viable oil-and-gas development. This latest find reinforces that we have the people, skills and technology to safely and responsibly deliver value to Guyana from the country’s resources,” said President of ExxonMobil Guyana Alistair Routledge.