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ExxonMobil to proceed with $9B Payara development offshore Guyana

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ExxonMobil has made its final investment decision to proceed with the Payara field offshore development in Guyana after receiving government approvals. Ten drill centers are planned along with up to 41 wells, including 20 production and 21 injection wells. As new projects proceed, investment in the Guyana economy increases.

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ExxonMobil makes final investment decision on fourth Guyana offshore project; $10B for Yellowtail development

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ExxonMobil has made a final investment decision for the Yellowtail development offshore Guyana after receiving government and regulatory approvals. Yellowtail production from the ONE GUYANA floating production storage and offloading (FPSO) vessel will develop an estimated resource of more than 900 million barrels of oil.

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ExxonMobil announces significant oil discovery at Whiptail, offshore Guyana

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ExxonMobil said it made a discovery at Whiptail in the Stabroek Block offshore Guyana. The Liza Destiny floating production storage and offloading (FPSO) vessel is currently producing about 120,000 barrels of oil per day. The Unity has a production capacity of approximately 220,000 barrels of oil per day.

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ExxonMobil reports oil discovery at Pinktail, offshore Guyana

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ExxonMobil has made a discovery at Pinktail in the Stabroek Block offshore Guyana. Separately, the Liza Unity floating production storage and offloading (FPSO) vessel set sail from Singapore to Guyana in early September. miles (35 kilometers) southeast of the Liza Phase 1 project, which began production in December 2019, and 3.7

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ExxonMobil discovery at Uaru-2 offshore Guyana; block recoverable resource estimate upped to 9B barrels oil-equivalent

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ExxonMobil announced an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana ( earlier post ). In March 2021, ExxonMobil secured a sixth drillship, the Noble Sam Croft, for exploration and evaluation drilling activities offshore Guyana. Hess Guyana Exploration Ltd. Hess Guyana Exploration Ltd.

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ExxonMobil starts production at Guyana’s second offshore development

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ExxonMobil has started production at Guyana’s second offshore oil development on the Stabroek Block, Liza Phase 2, bringing total production capacity to more than 340,000 barrels per day in only seven years since the country’s first discovery. Liza Unity on her way to Guyana. Hess Guyana Exploration Ltd.

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ExxonMobil discovers more oil offshore Guyana at Mako-1 well on the Stabroek Block

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ExxonMobil announced an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15 th discovery on the Stabroek Block. Mako-1, drilled in 5,315 feet (1,620 meters) of water, is located approximately six miles (10 kilometers) southeast of the Liza field, which began producing oil in December 2019.

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