<article><p class="lead">ExxonMobil has made a "significant" oil discovery at the Whiptail prospect on Guyana's deepwater Stabroek block, the company said today.</p><p>The find adds to the previous recoverable resource estimate of approximately 9bn bl of oil equivalent (boe) from Stabroek. The company earlier reported 20 discoveries on Stabroek.</p><p>The Whiptail-1 well found 246ft (75m) of net pay in "high quality" oil-bearing sandstone reservoirs, ExxonMobil said. Drilling is also ongoing at the Whiptail-2 well, which has encountered another 167ft of net pay. </p><p>The company said it has restored output at the Liza Destiny floating production, storage and offloading vessel (FPSO) working the Liza-1 well on Stabroek to its 120,000 b/d nameplate capacity. Production has been affected intermittently by problems with gas compression.</p><p>ExxonMobil started producing 32.1°API Liza crude in December 2019, and has a 45pc stake in Stabroek. US independent Hess holds 30pc and Chinese state-owned CNOOC unit Nexen has 25pc.</p><p>The major is projecting output from four projects on Stabroek to reach over 800,000 b/d by 2025.</p><p class="bylines">By Canute James</p></article>
