RE: Facts or Friction10 Oct 2025 14:59
So Exxon has all at sea, we have it on the land, pay sands from memory about 100metres/feet at sea Surinam, our pay sands for Cretaceous 500ft our side of mountain range. Oil samples from bottom one of Royston wells same as Surinam wells. XM many years ago confirmed very deep paysands for Cretaceous on land so, boils down to whether the pain will be worth the gain.
ExxonMobil signed a production sharing contract for a new deepwater block with the Government of Trinidad and Tobago.
Blocks TTDA 17, 18, 19, 20, 21, 22, and 23 will be consolidated into Block TTUD-1 off Trinidad’s east coast, according to a release by the Energy Chamber of Trinidad and Tobago. The combined block will cover more than 2,700 sq miles and is more than 6,500 ft deep, the Associated Press reported Aug. 12, citing government officials.
ExxonMobil will shoot 5,500 sq km of 3D seismic in the block in the next 6-12 months and is expected to commit to drilling two exploration wells. If successful, ExxonMobil could invest up to $21.7 billion in the block, Reuters separately reported Aug. 12, citing Energy Minister Roodal Moonilal.
ExxonMobil will operate Block TTUD-1 with 100% interest.