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Barrel

Oil In Place

Operator

U.S. oil giants fight over Guyana’s 11-billion barrel treasure trove

Oil & Gas 360º

MAY 28, 2025

Guyanas Stabroek block has an estimated 11 billion barrels of oil in place discovered so far by the consortium of ExxonMobil, U.S. The high-volume, low-cost development offshore the South American country, which started production just five years ago, is already pumping more than 660,000 barrels per day (bpd) of crude.

Barrel

Barrel Oil Offshore Casing

Oil Review Middle East - Untitled Article

Oil Review Middle East

JULY 20, 2025

The Majnoon Oil Field is a super-giant oil field located 60 km from Basra in southern Iraq. It is one of the richest oil fields in the world with an estimated 38 billion barrels of oil in place. Iraq’s state-run Basra Oil Company operates the field with support from China’s Anton Oil and KBR.

Field

Field Sustainable Sustainability Oil In Place

Energy Aggregated

U.S. oil giants fight over Guyana’s 11-billion barrel treasure trove

Oil Review Middle East - Untitled Article

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