# Guyana Pays Exxon to Drill Even If Dry | Guyana News

Page: https://stenobird.com/podcast/guyana-news-today-2-min-news-the-daily-news-now-7855471/guyana-pays-exxon-to-drill-even-if-dry-guyana-news
Text version: https://stenobird.com/podcast/guyana-news-today-2-min-news-the-daily-news-now-7855471/guyana-pays-exxon-to-drill-even-if-dry-guyana-news.md
Podcast: [Guyana News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/guyana-news-today-2-min-news-the-daily-news-now-7855471)
Published: 2026-07-31T04:47:57+00:00
Episode link: https://sources.thednn.ai/b9a1106cf522bc35
Audio file: https://api.fastcast.ai/audio/34e0208b-0cce-45c9-b769-c0def1a73b46.mp3
Processing state: not_requested
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Duration seconds: 96

## Resource

ExxonMobil is drilling at Rockhead-1 off Guyana’s coast, part of a high-stakes oil hunt in the Stabroek Block where they’ve already hit 46 oil discoveries. Using the massive drillship Stena Carron, this well is expected to finish by August 31, 2026 — but here’s the twist: Guyana’s footing the bill regardless of whether oil is found. Critics slam the deal, noting Guyana already paid Exxon $26.6 billion in 2025 alone, while other oil nations like Suriname don’t let companies recoup dry well costs. Worse, the government’s hiding exploration budgets and plans, even as oil revenues vanish into these expensive operations — and Exxon’s latest update? Just their financials from last year. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/b9a1106cf522bc35

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