- What is Distributed Acoustic Sensing (DAS) and why is ExxonMobil using it in Guyana?
- Distributed Acoustic Sensing (DAS) is an advanced technology that turns fiber-optic cables into thousands of highly sensitive seismic sensors. ExxonMobil is deploying it in the Stabroek block to obtain ultra-high-resolution, continuous imaging of the reservoir, which helps track fluid movements and optimize oil recovery from their deepwater wells.
- Who are the partners involved in the Stabroek block development?
- The Stabroek block is operated by ExxonMobil's affiliate, ExxonMobil Guyana Limited, which holds a 45% interest. Its consortium partners are Hess Guyana Exploration Limited with a 30% interest, and CNOOC Petroleum Guyana Limited holding the remaining 25% interest.
- How does this contract benefit Shearwater GeoServices?
- This contract strengthens Shearwater's position as a premier provider of high-tech marine geophysics and validates its investment in DAS technology. Securing a contract with a supermajor like ExxonMobil in a high-profile basin like Guyana enhances Shearwater's market credibility and positions it for future deepwater monitoring contracts globally.