Category: Trinidad
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Geological Poetry, Geopolitics, Golden Lane, Guyana, Guyana, Guyana Suriname Basin (GSB), Kitchen Canje SR, Oil Trading, Petroleum & Energy Blogs, Petroleum Economics, Petroleum Exploration, Reservoir Engineering, Source rocks, Stabroek Block, Suriname, Trinidad, UncategorizedUnderstanding ExxonMobil’s Pivot to NE Trinidad: A Strategic Analysis
ExxonMobil’s strategic shift from the Canje Block in Guyana to Ultra-Deepwater 1 in Trinidad reflects a focus on capital allocation rather than geological issues. While Canje shows hydrocarbons, it lacks commercial viability, prompting Exxon to prioritise seismic data acquisition at UD-1 for better risk management and investment potential.
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Recent Posts
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