Exxon Drills On in Guyana

ExxonMobil’s latest exploration well, Goby-1 in Guyana’s Stabroek Block, is set to wrap up by July 2026 aboard the Noble Stena Carron—marking their third well this year. With 46 discoveries since 2015, Exxon’s drilling spree continues, but Guyana’s paying the price: the country covers all exploration costs, even dry wells, while keeping budgets secret. Unlike Suriname, Guyana lets Exxon recoup expenses regardless of outcome, sparking criticism over who’s really benefiting from this oil rush. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d37081d8f1960271