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ExxonMobil announced its first discovery in 2024 in Stabroek, solidifying the Guyana asset's position as a key area for the oil and gas giant as it disputes rival Chevron's bid to enter the block.
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The contracts are for the Mariner field in the UK North Sea, the Heidrun field in the Norwegian Sea, Norway, and the Morecambe Bay area.
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The overall gas volume was calculated between 35.3 million and 105.9 million cubic feet (1 million and 3 million standard cubic meters) of recoverable oil equivalent.
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The discovery adds over a hundred million tons of oil equivalent proved in-place volume, according to the company.
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'The country's exploration success in offshore areas has bolstered our outlook for its natural gas reserves and production,' BMI analysts said.