ExxonMobil has discovered new oil field

The world's largest oil company ExxonMobil has made the eighth oil discovery on the shelf of Guyana. The company discovered oil deposits, having drilled a well 5.5 km in depth. ExxonMobil plans to use a second vessel for exploration on the shelf of Guyana, as a result there will be three drilling rigs. Drilling of the discovered deposit is planned for 2020. At the moment, the company completes drilling of the Liza field with 17 wells.

Since the beginning of the month, ExxonMobil shares have increased by 2.4% and will continue to grow based on the news. Trading will be available during the American session, from 13:40 to 20:00 GMT.

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