ExxonMobil begins oil production in offshore Guyana; estimated ~6B barrels oil equivalent recoverable in Stabroek Block
Green Car Congress
DECEMBER 22, 2019
ExxonMobil has started oil production from the Liza field offshore Guyana ahead of schedule and less than five years after the first discovery of hydrocarbons, which is well ahead of the industry average for deepwater developments. The Liza Phase 1 development is approximately 190 kilometers offshore in water depths of 1,500– 1,900 meters. Production from this first phase of the Liza field, located in the Stabroek Block, is expected to reach full capacity of 120,000 barrels of oil per day in com
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